Wisconsin Statutes 628.49 – Regulation of managing general agents, reinsurance brokers and managers and controlling producers
Current as of: 2023 | Check for updates
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After considering the applicable model acts adopted by the National Association of Insurance Commissioners, the commissioner may promulgate rules that are reasonably necessary to regulate the business practices and transactions of the following:
Terms Used In Wisconsin Statutes 628.49
- Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
- Promulgate: when used in connection with a rule, as defined under…. See Wisconsin Statutes 990.01
(1) Managing general agents.
(2) Reinsurance brokers.
(3) Reinsurance managers.
(4) Intermediaries that control an insurer.