631.20 Filing and approval of forms.

345 words·~2 min read·/wi/chapter-631/631-20-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Filing.

(a)No form subject to s. 631.01

(1), except as exempted under par.

(c), sub.

(1g), or s. 631.01

(2),

(3),

(4), or

(5)or by rule under par.

(b), may be used unless it has been filed with and approved by the commissioner and unless the insurer certifies that the form complies with chs. 600 to 655 and rules promulgated under chs. 600 to 655 . It is deemed approved if it is not disapproved within 30 days after filing, or within a 30-day extension of that period ordered by the commissioner prior to the expiration of the first 30 days.

(b)Subject to s. 655.24

(1), the commissioner may by rule exempt certain classes of policy forms from prior filing and approval.

(c)Subject to sub.

(1m), a form first used and not already filed under par.

(a)on or after August 1, 2008, is exempt from par.

(a)except for any of the following:

1. A form subject to s. 655.24

(1).

2. A form for a worker’s compensation policy.

3. A form for a Medicare replacement policy or a Medicare supplement policy.

4. A form for a long-term care insurance policy, including a form for a nursing home or home health care policy.

6. A form issued by an insurer ordered by the commissioner under s. 601.41

(4)to file forms under par.

(a). The commissioner may require an insurer to file forms under par.

(a)to secure compliance with the law, including if the commissioner determines that the insurer violated sub.

(1m).

7. A form that includes an appraisal or arbitration provision not specifically authorized by rule. The entire form, including the appraisal or arbitration provision, is subject to par.

(a).

8. A form that contains a clause subject to s. 631.21 , but only as to the clause.

9. A form for a policy of insurance to cover a warranty, as defined in s. 100.205

(g).