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The insurance business was first authorized and regulated in Wisconsin in 1870 (1870 Wisc. Act 56). The original law vested insurance regulation as a power of the Secretary of State of Wisconsin. These powers were transferred to a separate commissioner of insurance by an act of the Wisconsin Legislature in 1878 (1878 Wisc. Act 214).
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
The federal Centers for Medicare & Medicaid Services (CMS), which tracks enrollment in health plans through the ACA, reported that 313,579 Wisconsin residents enrolled in insurance through the ...
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, [1] the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate. The states have not delegated their regulatory ...
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This is a list of Wisconsin state agencies. [1]Department of Administration. Division of Energy, Housing and Community Resources; Division of Personnel Management; Department of Agriculture, Trade and Consumer Protection
The attorney general is the chief law officer of the state of Wisconsin, and amongst other duties has charge and conduct for the state of all suits instituted for and against the government thereof, certifies all bonds issued by the state, protects the School Trust Funds managed by the Wisconsin Board of Commissioners of Public Lands, and provides written opinions on questions of law to either ...