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Current as of January 01, 2025 | Updated by Findlaw Staff
For the purposes of this chapter, unless the context indicates otherwise:
(1) “Directly procured insurance” means insurance procured under s. 618.42.
(2) “Doing an insurance business” includes:
(a) Soliciting, making, or proposing to make an insurance contract;
(b) Taking or receiving an application for insurance;
(c) Collecting or receiving, in full or in part, an insurance premium;
(d) Issuing or delivering an insurance policy except as a messenger not employed by the insurer or by an insurance agent or broker;
(e) Inspecting risks, setting rates, disseminating information or advising on risk management in connection with the solicitation, negotiating, procuring or effectuation of insurance coverage;
(f) Investigating, settling, adjusting or litigating claims;
(g) In any way representing or assisting any person to do an insurance business or to procure insurance; and
(h) Any other act generally regarded as doing an insurance business.
(3) “Doing an insurance business” does not include:
(a) Acting as an attorney for a client; and
(b) Acting as a full-time salaried employee of an insured in the capacity of an insurance buyer or manager.
Cite this article: FindLaw.com - Wisconsin Statutes Insurance (Ch. 600 to 655) § 618.02. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/wi/insurance-ch-600-to-655/wi-st-618-02/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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