Wisconsin Statutes & Annotations
Chapter 645 - Insurers rehabilitation and liquidation.
645.62 - Proof of claim.

645.62 Proof of claim.
(1) Contents of proof of claim.
(a) Unless otherwise prescribed by the liquidator, a proof of claim shall consist of a verified statement that includes all of the following that are applicable:
1. The particulars of the claim, including the consideration given for it.
2. The identity and amount of the security on the claim.
3. The payments made on the debt, if any.
4. That the sum claimed is justly owing and that there is no setoff, counterclaim or defense to the claim.
5. Any right of priority of payment or other specific right asserted by the claimant.
6. A copy of any written instrument which is the foundation of the claim.
7. In the case of any 3rd-party claim based on a liability policy issued by the insurer, a conditional release of the insured pursuant to s. 645.64 (1).
8. The name and address of the claimant and the attorney, if any, who represents the claimant.
(b) No claim need be considered or allowed if it does not contain all the information under par. (a) which may be applicable. The liquidator may require that a prescribed form be used and may require that other information and documents be included.
(2) Supplementary information. At any time the liquidator may request the claimant to present information or evidence supplementary to that required under sub. (1), and may take testimony under oath, require production of affidavits or depositions or otherwise obtain additional information or evidence.
(3) Conclusiveness of judgments. No judgment or order against an insured or the insurer entered after the filing of a successful petition for liquidation and no judgment or order against an insured or the insurer entered at any time by default or by collusion need be considered as evidence of liability or of the amount of damages. No judgment or order against an insured or the insurer entered within 4 months before the filing of the petition need be considered as evidence of liability or of the amount of damages.
History: 1979 c. 102, 110; 1989 a. 23; 2005 a. 253.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 645 - Insurers rehabilitation and liquidation.

645.01 - Short title, construction and purpose.

645.02 - Persons covered.

645.03 - Definitions.

645.035 - Bankruptcy petition is prohibited.

645.04 - Jurisdiction and venue.

645.05 - Injunctions and orders.

645.06 - Costs and expenses of litigation.

645.07 - Cooperation of officers and employees.

645.08 - Bonds; immunity.

645.09 - Commissioner's reports.

645.10 - Continuation of delinquency proceedings.

645.11 - Effect of amendments of this chapter.

645.21 - Commissioner's summary orders.

645.22 - Court's seizure order.

645.23 - Commissioner's seizure order.

645.24 - Conduct of hearings in summary proceedings.

645.31 - Grounds for rehabilitation.

645.32 - Rehabilitation orders.

645.33 - Powers and duties of the rehabilitator.

645.34 - Actions by and against rehabilitator.

645.35 - Termination of rehabilitation.

645.41 - Grounds for liquidation.

645.42 - Liquidation orders.

645.43 - Continuance of coverage.

645.44 - Dissolution of insurer.

645.45 - Federal receivership.

645.46 - Powers of liquidator.

645.47 - Notice to creditors and others.

645.48 - Duties of agents.

645.49 - Actions by and against liquidator.

645.51 - Collection and list of assets.

645.52 - Fraudulent transfers prior to petition.

645.53 - Fraudulent transfers after petition.

645.54 - Voidable preferences and liens.

645.55 - Claims of holders of void or voidable rights.

645.56 - Setoffs and counterclaims.

645.57 - Assessments.

645.58 - Reinsurer's liability; arbitration clauses.

645.59 - Uncollected, unearned premiums.

645.60 - Applicability of claims settlement provisions to loss claims.

645.61 - Filing of claims.

645.62 - Proof of claim.

645.63 - Special claims.

645.64 - Special provisions for 3rd-party claims.

645.65 - Disputed claims.

645.66 - Claims of surety.

645.67 - Secured creditors' claims.

645.675 - Qualified financial contracts.

645.68 - Order of distribution.

645.69 - Claims for certain health care costs.

645.71 - Liquidator's recommendations to the court.

645.72 - Distribution of assets.

645.73 - Unclaimed and withheld funds.

645.74 - Termination of proceedings.

645.75 - Reopening liquidation.

645.76 - Disposition of records during and after termination of liquidation.

645.77 - External audit of receiver's books.

645.81 - Conservation of property of foreign or alien insurers found in this state.

645.82 - Liquidation of property of foreign or alien insurers found in this state.

645.83 - Foreign domiciliary receivers in other states.

645.84 - Ancillary formal proceedings.

645.85 - Ancillary summary proceedings.

645.86 - Claims of nonresidents against insurers domiciled in this state.

645.87 - Claims of residents against insurers domiciled in reciprocal states.

645.88 - Attachment, garnishment and levy of execution.

645.89 - Interstate priorities.

645.90 - Subordination of claims for noncooperation.