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State statute · Wisconsin

Wis. Stat. ch. 601, Insurance, full chapter, 43 sections: commissioner powers and duties, hearings, examinations, penalties, Insurance Security Fund provisions: Administration

Publisher
Wisconsin Legislature
Edition
Wisconsin Statutes, current official online text
Last checked
2026-09-29
Status
Wisconsin Statutes and Administrative Code, public domain
Edition and licensing notes

Publisher. Wisconsin Legislature (docs.legis.wisconsin.gov)

Edition. Wisconsin Statutes, current official online text (docs.legis.wisconsin.gov; site heading '2025 Biennium'; 'Updated on the first day of each month. Entire code is always current'), retrieved 2026-09-29

Status. Wisconsin Statutes and Administrative Code, public domain.

Read the official textPractice questions from this source

What this document is

Wis. Stat. ch. 601, Insurance - Administration (full chapter, 43 sections: commissioner powers and duties, hearings, examinations, penalties, Insurance Security Fund provisions) is a state statute published by Wisconsin Legislature (docs.legis.wisconsin.gov). It is one of the Wisconsin documents that insurance license exam questions are written from, including wisconsin property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

  • Wis. Stat. s. 601.64 (3) (a) (Enforcement procedure; restitutionary forfeiture)
    “Whoever violates an effective order issued under s. 601.41 (4) , any insurance statute or rule, or s. 149.13 , 2011 stats., shall forfeit to the state twice the amount of any profit gained from the violation, in addition to any other forfeiture or penalty imposed.”
  • Wis. Stat. s. 601.62 (3) (a) (Hearings; subsequent hearings)
    “Whenever an order is issued without a hearing, any person aggrieved by the order may demand a hearing within 30 days after the date on which the notice of the order was mailed. Failure to demand a hearing within the period prescribed therefor is waiver of a hearing.”
  • Wis. Stat. s. 601.43 (2) (b) (Duty to examine; on request)
    “Whenever the commissioner is requested by verified petition signed by 25 persons interested as shareholders, policyholders or creditors of an insurer alleging that there are grounds for formal delinquency proceedings, the commissioner shall forthwith examine the insurer as to any matter alleged in...”
  • Wis. Stat. s. 601.42 (4) (Replies)
    “any insurance agent or other person licensed under chs. 600 to 646 , any provider of services under a continuing care contract, as defined in s. 647.01 (2) , any independent review organization certified or recertified under s. 632.835 (4) or any health care provider, as defined in s. 655.001 (8) ,...”
  • Wis. Stat. s. 601.64 (3) (c) 2. (Forfeiture for violation of statute or rule; higher amount)
    “Notwithstanding subd. 1. , whoever violates an insurance statute or rule, intentionally aids a person in violating an insurance statute or rule, or knowingly permits a person over whom he or she has authority to violate an insurance statute or rule shall forfeit to the state not more than $5,000...”
  • Wis. Stat. s. 601.31 (1) (n) (Fees; appointment of agents)
    “For appointing, or renewing an appointment of, an agent under s. 628.11 , $16 annually for resident agents or $30 annually for nonresident agents, unless the commissioner sets a higher fee by rule, to be paid at times and under procedures set by the commissioner.”

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Wisconsin Property & Casualty practice test

Questions about this source

Wis. Stat. ch. 601, Insurance - Administration (full chapter, 43 sections: commissioner powers and duties, hearings, examinations, penalties, Insurance Security Fund provisions) is a state statute published by Wisconsin Legislature (docs.legis.wisconsin.gov). Edition: Wisconsin Statutes, current official online text (docs.legis.wisconsin.gov; site heading '2025 Biennium'; 'Updated on the first day of each month. Entire code is always current'), retrieved 2026-09-29.

No. This page summarizes the document and links to the official version. Always rely on the text published by Wisconsin Legislature (docs.legis.wisconsin.gov) for the current law.

Practice questions for Wisconsin Property & Casualty cite this document.

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