627.05 Classifications of insurance.
627.05
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:627.05(1)
(1) To delimit the underwriting powers of insurers doing business in this state;627.05(2)
(2) To provide a basis for determining the financial needs of insurers under s. 611.19 or comparable provisions of other chapters;627.05(3)
(3) To provide instructions for reports and replies under s. 601.42;627.05(4)
(4) To restrict combinations of lines or classes of insurance; and627.05(5)
(5) To determine which rules under ch. 632 are applicable.627.05 - ANNOT.
History: 1975 c. 372, 421; 1979 c. 221.