618.02 Definitions. For the purposes of this chapter, unless the context indicates otherwise:
(1) “Directly procured insurance" means insurance procured under s. 618.42.
(2) “Doing an insurance business" includes:
(a) Soliciting, making, or proposing to make an insurance contract;
(b) Taking or receiving an application for insurance;
(c) Collecting or receiving, in full or in part, an insurance premium;
(d) Issuing or delivering an insurance policy except as a messenger not employed by the insurer or by an insurance agent or broker;
(e) Inspecting risks, setting rates, disseminating information or advising on risk management in connection with the solicitation, negotiating, procuring or effectuation of insurance coverage;
(f) Investigating, settling, adjusting or litigating claims;
(g) In any way representing or assisting any person to do an insurance business or to procure insurance; and
(h) Any other act generally regarded as doing an insurance business.
(3) “Doing an insurance business" does not include:
(a) Acting as an attorney for a client; and
(b) Acting as a full-time salaried employee of an insured in the capacity of an insurance buyer or manager.
History: 1971 c. 260; 1981 c. 314.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 618 - Nondomestic insurers.
618.12 - Certificate of authority.
618.14 - Admission of nondomestic fraternals.
618.22 - Exclusive agency and management contracts of nondomestic corporations.
618.23 - Requirements for nondomestic reciprocals.
618.24 - Requirements for incorporated alien insurers.
618.25 - Requirements for unincorporated nondomestic insurers.
618.26 - Requirements for nondomestic fraternals.
618.28 - Exemptions from Wisconsin law.
618.31 - Changes in business plan.
618.32 - Transfer of business.
618.34 - Assessment by nondomestic company.
618.36 - Release from regulation.
618.37 - Revocation of certificate of authority.
618.39 - Assisting unauthorized insurers.
618.41 - Surplus lines insurance.
618.415 - Group liability insurance issued by an unauthorized insurer.
618.416 - Qualification for placement of surplus lines insurance with an unauthorized insurer.
618.42 - Direct procurement of insurance.
618.43 - Taxation of insurance written by unauthorized insurers.
618.44 - Effect of illegal contracts.
618.45 - Servicing of contracts made out of state.
618.47 - Defense of action by unauthorized person.
618.49 - Investigation, disclosure and taxation of insurance contracts.