Wis. Admin. Code Office of the Commissioner of Insurance Ins 50.68

Current through May 28, 2024
Section Ins 50.68 - Reliance on actuary opinion

An actuarial opinion which is issued by a qualified actuary and required under this subchapter and subch. V is solely for the benefit of the insurer which is the subject of the opinion, the commissioner and the office. It is not for the benefit of any other person and is therefore not to be relied upon by any other person unless reliance is induced by fraud or willful misconduct.

Wis. Admin. Code Office of the Commissioner of Insurance Ins 50.68

Cr. Register, December, 1995, No. 480, eff. 1-1-96.