reglab/housing_qa huggingface dataset:
WI Stat § 625.32 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 625 - Insurance — rate regulation.|625.32 - Licensing.

625.32  Licensing. (1) Application. A rate service organization applying for a license as required by s. 625.31 shall include with its application:(a) A copy of its constitution, charter, articles of organization, agreement, association or incorporation, and a copy of its bylaws, plan of operation and any other rules or regulations governing the conduct of its business;(b) A list of its members and subscribers;(c) The name and address of one or more residents of this state upon whom notices, process affecting it or orders of the commissioner may be served;(d) A statement showing its technical qualifications for acting in the capacity for which it seeks a license; and(e) Any other relevant information and documents that the commissioner may require. (2)  Change of circumstances. Every organization which has applied for a license under sub. (1) shall thereafter promptly notify the commissioner of every material change in the facts or in the documents on which its application was based. (3)  Granting of license. If the commissioner finds that the applicant and the natural persons through whom it acts are competent, trustworthy, and technically qualified to provide the services proposed, and that all requirements of law are met, he or she shall issue a license specifying the authorized activity of the applicant. The commissioner may not issue a license if the proposed activity would tend to create a monopoly or to lessen or destroy price competition. (4)  Duration. Licenses issued pursuant to this section shall remain in effect until the licensee withdraws from the state or until the license is suspended or revoked. (5)  Amendments to constitution and bylaws. Any amendment to a document filed under sub. (1) (a) shall be filed at least 30 days before it becomes effective. Failure to comply with this subsection shall be a ground for revocation of the license granted under sub. (3).History:  1979 c. 102.
WI Stat § 625.33 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 625 - Insurance — rate regulation.|625.33 - Binding agreements by insurers.

625.33  Binding agreements by insurers. No insurer shall assume any obligation to any person other than a policyholder or other companies under common control to use or adhere to certain rates or rules, and no other person shall impose any penalty or other adverse consequence for failure of an insurer to adhere to certain rates or rules.
WI Stat § 625.34 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 625 - Insurance — rate regulation.|625.34 - Recording and reporting of experience.

625.34  Recording and reporting of experience. The commissioner shall promulgate or approve reasonable rules, including rules providing statistical plans, for use thereafter by all insurers in the recording and reporting of loss and expense experience, in order that the experience of such insurers may be made available to the commissioner. No insurer shall be required to record or report its experience on a classification basis inconsistent with its own rating system. The commissioner may designate one or more rate service organizations to assist the commissioner in gathering such experience and making compilations thereof, which shall be made available to the public.History:  1979 c. 102 s. 236 (21).
WI Stat § 626.02 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.02 - Definitions.

626.02  Definitions. In this chapter, unless the context indicates otherwise: (1) “Bureau" means the Wisconsin compensation rating bureau provided for in s. 626.06. (2) “Rate service organization" has the meaning designated for the term under s. 625.02 (2).History:  1975 c. 148; 1983 a. 189.
WI Stat § 626.03 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.03 - Scope of application.

626.03  Scope of application. This chapter applies to all worker's compensation insurance written on risks or operations in this state, employers' liability insurance when written in connection with worker's compensation insurance or insurance covering any part of the liability of an employer exempted from insuring the employer's liability for compensation under s. 102.28.History:  1975 c. 148, 199.
WI Stat § 626.06 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.06 - Rating bureau.

626.06  Rating bureau. The Wisconsin compensation rating bureau is continued and every insurer writing any insurance specified under s. 626.03 is a member of it.History:  1975 c. 148.
WI Stat § 626.09 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.09 - General provisions concerning the bureau.

626.09  General provisions concerning the bureau. (1) Purposes. The bureau has the following purposes:(a) To establish, maintain and administer rules, regulations, classifications, rates and rating plans to govern the transaction of insurance included in s. 626.03;(b) To cooperate with other rate service organizations and with insurers in the development of rules, rates and rating plans and insurance policies and forms;(c) To secure and analyze statistical and other data required to accomplish these purposes;(d) To inspect and classify risks;(e) To file with the commissioner on behalf of its members every manual of classifications, rules and rates, every rating plan and every modification of any of them proposed for use in this state;(f) To assist the commissioner and insurers in the promotion of safety in industry; and(g) To assist in any matter necessary for the accomplishment of these purposes. (2)  Licensing. The bureau's license which it holds under s. 205.03 (2), 1973 stats., immediately prior to January 17, 1976 shall continue as its license under s. 625.32, and thereafter the bureau shall be treated as if it had applied for and had received a license under s. 625.32. (3)  Examinations. Sections 601.43 to 601.45 apply to the bureau. (4)  Fees. Section 601.31 (1) (c) 2. applies to the bureau.History:  1975 c. 148; 1979 c. 102 s. 237.
WI Stat § 626.11 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.11 - Rate standards.

626.11  Rate standards. (1) General. Rates determined under this chapter shall not be excessive, inadequate or unfairly discriminatory. (2)  Excessiveness. Rates determined under this chapter are not excessive merely because a reasonable margin is allowed for a profit. (3)  Adequacy. The commissioner shall approve a minimum adequate pure premium for each classification under which worker's compensation insurance is written. No insurer writing any insurance specified under s. 626.03 may use a pure premium less than that approved by the commissioner.History:  1975 c. 148, 199.
WI Stat § 626.12 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.12 - Rating methods.

626.12  Rating methods. In determining whether rates comply with the standards under s. 626.11, the following criteria shall be applied: (1)  Basic factors in rates. Due consideration shall be given to past and prospective loss and expense experience within and outside this state, to catastrophe hazards and contingencies, to a reasonable margin for profit, to dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers, and to all other relevant factors. (2)  Classification. Risks may be classified in any reasonable way for the establishment of rates and minimum premiums. Classification rates may be modified to produce rates for individual risks in accordance with rating plans which establish standards for measuring variations in hazards or expense provisions, or both. Such standards may measure any differences among risks that can be demonstrated to have a probable effect upon losses or expenses. (3)  Physical impairment. Rates or rating plans may not take into account the physical impairment of employees. Any employer who applies or promotes any oppressive plan of physical examination and rejection of employees or applicants for employment shall forfeit the right to experience rating. If the department of workforce development determines that grounds exist for such forfeiture it shall file with the commissioner a certified copy of its findings, which shall automatically suspend any experience rating credit for the employer. The department shall make the determination as prescribed in ss. 103.005 (5) (b) to (f), (6) to (11), (13) (b) to (d) and (16), so far as such subsections are applicable, subject to review under ch. 227. Restoration of an employer to the advantages of experience rating shall be by the same procedure.History:  1975 c. 148; 1995 a. 27 ss. 7037, 9130 (4); 1997 a. 3.
WI Stat § 626.13 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.13 - Approval of rates and rating plans.

626.13  Approval of rates and rating plans. The bureau shall file with the commissioner on behalf of its members every manual of classifications, rules and rates, every rating plan and every modification of any of them proposed for use in this state. Every such filing shall state its proposed effective date. The bureau shall also file the information upon which it supports the filings. All filings must comply with the law and shall not be effective nor used until approved by the commissioner. A filing that has been on file for 30 days is deemed to meet the requirements of ss. 626.11 and 626.12 unless the commissioner earlier disapproves in a written order.History:  1975 c. 148.
WI Stat § 626.14 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.14 - Filings open to inspection.

626.14  Filings open to inspection. Section 625.14 applies to rates filed under this chapter.History:  1975 c. 148.
WI Stat § 626.22 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.22 - Disapproval of rates.

626.22  Disapproval of rates. (1) Order in event of violation. If the commissioner finds after a hearing that a filing already in effect under s. 626.13 fails to meet the requirements of the law, the commissioner shall order that its use be discontinued for any policy issued or renewed after a date specified in the order. (2)  Timing of order. The commissioner shall issue an order under s. 626.13 within 30 days after the filing and issue an order under sub. (1) within 30 days after the close of the hearing. In either case the commissioner may extend the period for a reasonable time by written order prior to the expiration of the time limit. (3)  Interim rates. Whenever an insurer has no legally effective rates as a result of an order by the commissioner under s. 626.13 or sub. (1), the commissioner shall on request specify interim rates for the insurer and may order that a specified portion of the premiums be placed in an escrow account approved by the commissioner. When new rates become legally effective, the commissioner shall order the escrowed funds or any overcharge in the interim rates to be distributed appropriately, except that refunds that are trifling shall not be required.History:  1975 c. 148, 199; 1979 c. 110.
WI Stat § 626.25 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.25 - Use of rates.

626.25  Use of rates. (1) Approval required. No insurer writing any insurance specified under s. 626.03 may use a rate, rating plan or classification nor an expense loading not approved by the commissioner. (2)  Unfair discrimination. No insurer writing any insurance specified under s. 626.03 may make or charge any rate which discriminates unfairly between risks or classes, nor discriminates unfairly between risks in the application of rating plans, nor discriminates by granting to any employer insurance against other hazards except in accordance with its rates and rating plans filed and which are in effect for the insurer under ch. 625 nor at less than its legal rates for the insurance if that chapter is inapplicable.History:  1975 c. 148.
WI Stat § 626.32 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.32 - Development of rates by bureau.

626.32  Development of rates by bureau. (1) Acquisition of information.  (a)  General. Every insurer writing any insurance specified under s. 626.03 shall report its insurance in this state to the bureau at least annually, on forms and under rules prescribed by the bureau. The bureau shall file, under rules promulgated by the department of workforce development, a record of such reports with that department. No such information may be made public by the bureau or any of its employees except as required by law and in accordance with its rules. No such information may be made public by the department of workforce development or any of its employees except as authorized by the bureau.(b)  Payroll audits. Payroll audits by insurers shall show information classified under the statistical plan and shall be correct as to amount in each classification. The commissioner or the bureau may check any payroll audit and upon written complaint alleging facts that if true would create serious doubt about the accuracy of the payroll audit shall check it. (2)  Classifications and plans. The commissioner shall promulgate a statistical plan, which shall give due consideration to the rating system on file with the commissioner and seek to make the plan as uniform among the several states as is practicable. The statistical plan may be modified from time to time. It shall be used thereafter by each insurer in the recording and reporting under sub. (1) of its Wisconsin loss and country-wide expense experience. The rules and statistical plan may also provide for the recording and reporting of expense experience items which are specially applicable to this state. The bureau shall assign each compensation risk to its proper class, and its classification shall be used by all insurers writing any insurance specified under s. 626.03. On behalf of all members the bureau shall inspect and make a written survey of compensation risks to determine their proper classifications, shall maintain a record of its classification of risks and the written surveys of all risks inspected by it showing such facts as are material in the writing of insurance thereon. (3)  Aids in rate-making. The commissioner and every insurer and rate service organization may exchange information and experience data with insurance supervisory officials, insurers and rate service organizations in other states and may consult with them with respect to rate-making and the application of rates. The commissioner may designate one or more rate service organizations to assist the commissioner in gathering experience and making compilations thereof, and the compilations shall be made available to insurers and rating organizations.History:  1975 c. 148, 199; 1995 a. 27 s. 9130 (4); 1997 a. 3; 2001 a. 37.
WI Stat § 626.35 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.35 - Worker's compensation insurance contracts.

626.35  Worker's compensation insurance contracts. (1) Filing. An insurer who provides a contract under s. 102.31 (1) (a) or 102.315 (3), (4), or (5) (a) shall file with the bureau a copy of the contract, or other evidence of the contract as designated by the bureau, not more than 60 days after the effective date of the contract. (2)  Penalty. The bureau may assess a penalty, in accordance with a schedule adopted by the bureau, against an insurer who fails to comply with sub. (1).History:  1989 a. 64 s. 45; 1989 a. 332 ss. 1, 14; Stats. 1989 s. 626.35; 2007 a. 185.
WI Stat § 626.51 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 626 - Rate regulation in worker's compensation insurance.|626.51 - Other rate service organizations.

626.51  Other rate service organizations. Any group, association or other organization which assists the bureau in rate-making by the collection and furnishing of loss and expense statistics or by the submission of recommendations is a rate service organization and shall be governed by ss. 625.31 and 625.32.History:  1975 c. 148.
WI Stat § 627.05 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 627 - Underwriting restrictions.|627.05 - Classifications of insurance.

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.History:  1975 c. 372, 421; 1979 c. 221.
WI Stat § 627.06 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 627 - Underwriting restrictions.|627.06 - Combinations of policies.

627.06  Combinations of policies. Subject to any other provisions in this chapter, the commissioner may by rule establish standards for the combination of different kinds of coverages in policies and may specify whether premiums must be separately stated for each.History:  1975 c. 372; 1979 c. 221.
WI Stat § 627.15 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 627 - Underwriting restrictions.|627.15 - Indemnity agreements for surety corporation.

627.15  Indemnity agreements for surety corporation. Any insurer writing surety or fidelity insurance may contract for indemnity or security for any suretyship or fidelity obligation incurred by it; and any fiduciary from whom such an obligation is required or permitted by law may deposit any money and other property which the fiduciary has the power to make available for the indemnity or security with a responsible financial institution as depository in a manner that prevents the withdrawal or alienation thereof without the written consent of the surety or an order of a court or judge thereof having jurisdiction of the fiduciary, made on such notice to the surety as the court or judge may direct. The commissioner shall take the existence of a systematic practice of making such arrangements into account in assessing the financial condition of the insurer and its underwriting capacity and limits.History:  1975 c. 372, 421.
WI Stat § 627.18 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 627 - Underwriting restrictions.|627.18 - Variable contracts.

627.18  Variable contracts. No insurer may deliver within this state any contract providing life or annuity benefits in variable amounts until the insurer has satisfied the commissioner that its condition and methods of operation in connection with such contracts do not render its operation hazardous to the public or its policyholders in this state. In determining the qualification of an insurer requesting authority to deliver such contracts within the state, the commissioner shall consider, among other things: (1) The history and financial condition of the insurer; (2) The character, responsibility and general fitness of the insurer's officers and directors; and (3) In the case of a nondomestic insurer, whether the regulation provided by the state of its domicile or the jurisdiction in which its head office is located provides protection to policyholders and the public substantially equal to that provided by chs. 600 to 646 and the rules issued thereunder.History:  1975 c. 372; 1979 c. 89.
WI Stat § 627.23 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 627 - Underwriting restrictions.|627.23 - Reinsurance.

627.23  Reinsurance. (1) Power to accept reinsurance. Except as limited by s. 612.33 in the case of town mutuals, an authorized insurer may assume as a reinsurer any risks it may write directly. Subject to chs. 611 to 618 or to any limitation imposed on a nondomestic insurer by law of its domicile, the commissioner may also authorize an insurer to accept as a reinsurer designated classes of risks it is not authorized to write directly. (2)  Power to cede reinsurance. Subject to s. 611.78, any authorized insurer may cede to any insurer authorized to assume it under chs. 611 to 618 and sub. (1) any liability it has undertaken on risks lawfully written under its certificate of authority. It may also cede reinsurance to any authorized agency of the federal government or of this state. Subject to rules promulgated by the commissioner for calculation of its reserves and its surplus, and subject to sub. (3), an authorized insurer may also cede reinsurance to an unauthorized insurer. (3)  Reinsurance in unsound reinsurer. No person may knowingly cede reinsurance or permit it to be ceded to any reinsurer not in sound financial condition. If the reinsurer is authorized to do business in this state or any other jurisdiction specified by the commissioner by rule, or is included on a list prepared by the commissioner or approved by the commissioner for that purpose, there is a rebuttable presumption that it is in sound financial condition. (4)  Assumption of unauthorized business. Any authorized reinsurer knowingly assuming from an unauthorized insurer risks that may lawfully be written only by an authorized insurer shall immediately report the facts respecting the transaction to the commissioner. The assuming reinsurer is liable for the tax and penalties specified in s. 618.43 (1), but may take credit therefor in its settlement of accounts with the ceding insurer, unless its agreement with the unauthorized ceding insurer took such taxes into account. (5)  Retirement from business. Any authorized reinsurer proposing to withdraw from a class of its business in this state, except by nonrenewal of existing contracts at their expiration, shall give the commissioner 60 days' written notice of its intention and shall not withdraw until after lapse of that time. This subsection does not apply to transactions involving an insignificant market share of the class of business in this state.History:  1975 c. 372, 421.Absent proof that the agent knew, or should have known, of financial problems of the reinsurer from whom the agent procured insurance, the agent is not liable when the reinsurer later becomes insolvent. Master Plumbers Limited Mutual Liability Co. v. Cormany & Bird, Inc. 79 Wis. 2d 308, 255 N.W.2d 533 (1977).
WI Stat § 628.01 (2021)
2021 Wisconsin Statutes & Annotations|Chapter 628 - Insurance marketing.|628.01 - Purposes.

628.01  Purposes. The purposes of this chapter are: (1) To encourage improvement in the professional competence of insurance intermediaries; (2) To provide maximum freedom of marketing methods for insurance, consistent with the interests of the public in this state; (3) To preserve and encourage competition at the consumer level; (4) To limit the adverse effects of imperfect competition on the cost of insurance; and (5) To regulate insurance marketing practices in conformity with the general purposes of chs. 600 to 655.History:  1975 c. 371; 1979 c. 89; 1989 a. 187 s. 29.