Wisconsin Statutes 601.02 – Definitions
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In this chapter, unless the context indicates otherwise:
Terms Used In Wisconsin Statutes 601.02
- Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(1) “Adjuster” means any person who represents an insurer or an insured in negotiations for the settlement of a claim against the insurer arising out of the coverage provided by an insurance policy.
(3) “Agent” means an intermediary as defined in s. 628.02 (4).