Wis. Admin. Code Office of the Commissioner of Insurance Ins 40.09

Current through May 28, 2024

Section Ins 40.09 - Insurer's duty to pay reasonable expenses

An insurer registered under s. Ins 40.03 that is also subject to ss. Ins 40.07 to 40.08 shall pay, pursuant to s. Ins 16.01(6) (d), the reasonable expenses of the commissioner's participation in the administration of the internationally active group, including any of the following:

(1) The commissioner's expenses from the engagement of attorneys, actuaries and any other professionals.

(2) The commissioner's reasonable travel expenses.

Wis. Admin. Code Office of the Commissioner of Insurance Ins 40.09

Adopted by, CR 19-013: cr. Register April 2020 No. 772, eff. 5-1-20; renum. (1) to Ins 40.09 (intro.) under s. 13.92(4) (b) 1., Stats., and s. 35.17 correction in (intro.) made under s. 35.17, Stats., Register April 2020 No. 772, eff. 5/1/2020