601.55 Nondomestic insurers; additional requirements. If another state or a foreign country requires domestic insurers doing business in that state or foreign country to deposit security, to pay a fee or tax not included in the computation under s. 76.66, to pay a fine or penalty or to comply with an obligation, prohibition or restriction that is in addition to or greater than requirements imposed by this state on nondomestic insurers doing a similar business in this state, this state may, as a condition for issuing a license to an insurer domiciled in that state or foreign country, impose a similar security requirement, fee, tax, fine, penalty, obligation, prohibition or restriction.
History: 1989 a. 31.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 601 - Insurance — administration.
601.04 - Certificate of authority; fee.
601.13 - Financial services; deposits.
601.16 - Official seal and signature.
601.19 - Organization of the office.
601.20 - Advisory councils and committees.
601.32 - Supervision of industry, supplementary fee.
601.33 - Exemption from taxation.
601.41 - General duties and powers.
601.415 - Miscellaneous duties.
601.423 - Social and financial impact reports.
601.43 - Examinations and alternatives.
601.44 - Conducting examinations.
601.46 - Commissioner's records and reports.
601.465 - Nondisclosure of information.
601.48 - Participation in organizations.
601.51 - Provision of certified copies and notices.
601.55 - Nondomestic insurers; additional requirements.
601.56 - Study and rules on standards for health insurers.
601.57 - Study and rules on health insurance identification cards.
601.58 - Interstate insurance product regulation compact.
601.61 - Auxiliary procedural powers.
601.63 - Notice and effective date of orders.
601.64 - Enforcement procedure.
601.65 - Marketing firm forfeitures.
601.71 - Enforcement of policyholder rights.
601.715 - Registered agent for service of process.
601.72 - Service of process through state officer.
601.73 - Procedure for service of process through state officer.
601.80 - Definitions; healthcare stability plan.
601.83 - Healthcare stability plan; administration.
601.85 - Accounting, reports, and audits.
601.952 - Information security program.
601.953 - Investigation of cybersecurity event.