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Current as of January 01, 2025 | Updated by Findlaw Staff
In this chapter, unless contrary to context:
(1) “Market segment” means any line or kind of insurance or, if it is described in general terms, any subdivision thereof or any class of risks or combination of classes.
(2) “Rate service organization” means any person, other than an employee of an insurer, who assists insurers in rate making or filing by:
(a) Collecting, compiling and furnishing loss or expense statistics;
(b) Recommending, making or filing rates or supplementary rate information; or by
(c) Advising about rate questions, except as an attorney giving legal advice.
(3) “Supplementary rate information” includes any manual or plan of rates, statistical plan, classification, rating schedule, minimum premium, policy fee, rating rule, rate-related underwriting rule and any other information prescribed by rule of the commissioner.
Cite this article: FindLaw.com - Wisconsin Statutes Insurance (Ch. 600 to 655) § 625.02. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/wi/insurance-ch-600-to-655/wi-st-625-02/
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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