627.05 Classifications of insurance.
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/wi/chapter-627/627-05A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
627.05 Classifications of insurance. The commissioner may by rule define and delimit lines and classes of insurance for any purposes within the commissioner’s regulatory power, including:
(1)To delimit the underwriting powers of insurers doing business in this state;
(2)To provide a basis for determining the financial needs of insurers under s. 611.19 or comparable provisions of other chapters;
(3)To provide instructions for reports and replies under s. 601.42 ;
(4)To restrict combinations of lines or classes of insurance; and
(5)To determine which rules under ch. 632 are applicable.