Wisconsin § 618.25 Requirements for unincorporated nondomestic insurers.

Wisconsin Statutes

§ 618.25 — Requirements for unincorporated nondomestic insurers.

Wisconsin § 618.25

Ch. 618Nondomestic insurers

Subch.subch. II of ch. 618 SUBCHAPTER II

AUTHORIZATION OF NONDOMESTIC INSURERS

This text of Wisconsin § 618.25 (Requirements for unincorporated nondomestic insurers.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 618.25 (2026).

Text

25  No nondomestic individual underwriter or syndicate may be authorized to do business in this state unless:
25(1) (1) It complies with such requirements stated in s. 618.24 as are applicable to an unincorporated insurer;
25(2) (2) It files undertakings with the commissioner to comply with legal controls and institutional practices for securing the performance of obligations that are functionally equivalent to those imposed on nondomestic insurance corporations, even if in detail the controls and practices are dissimilar; and
25(3) (3) The commissioner is satisfied that it keeps records and can supply information that will enable the commissioner to protect fully the interests of insureds, creditors and the public in this state.

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618.25 No nondomestic individual underwriter or syndicate may be authorized to do business in this state unless:
618.25(1) (1) It complies with such requirements stated in s. 618.24 as are applicable to an unincorporated insurer;
618.25(2) (2) It files undertakings with the commissioner to comply with legal controls and institutional practices for securing the performance of obligations that are functionally equivalent to those imposed on nondomestic insurance corporations, even if in detail the controls and practices are dissimilar; and
618.25(3) (3) The commissioner is satisfied that it keeps records and can supply information that will enable the commissioner to protect fully the interests of insureds, creditors and the public in this state.