§ 618.02 — Definitions.

Wisconsin § 618.02

• Jurisdiction: Wisconsin
• Ch. 618: Nondomestic insurers
• Subch.: subch. I of ch. 618 SUBCHAPTER I

Text

618.02 For the purposes of this chapter, unless the context indicates otherwise:
618.02(1) (1) “Directly procured insurance” means insurance procured under s. 618.42 .
618.02(2) (2) “Doing an insurance business” includes:
618.02(2)(a) (a) Soliciting, making, or proposing to make an insurance contract;
618.02(2)(b) (b) Taking or receiving an application for insurance;
618.02(2)(c) (c) Collecting or receiving, in full or in part, an insurance premium;
618.02(2)(d) (d) Issuing or delivering an insurance policy except as a messenger not employed by the insurer or by an insurance agent or broker;
618.02(2)(e) (e) Inspecting risks, setting rates, disseminating information or advising on risk management in connection with the solicitation, negotiating, procuring or effectuation of insurance coverage;
618.02(2)(f) (f) Investigating, settling, adjusting or litigating claims;
618.02(2)(g) (g) In any way representing or assisting any person to do an insurance business or to procure insurance; and
618.02(2)(h) (h) Any other act generally regarded as doing an insurance business.
618.02(3) (3) “Doing an insurance business” does not include:
618.02(3)(a) (a) Acting as an attorney for a client; and
618.02(3)(b) (b) Acting as a full-time salaried employee of an insured in the capacity of an insurance buyer or manager.

Legislative History

618.02 History History: 1971 c. 260 ; 1981 c. 314 .