Wis. Admin. Code Office of the Commissioner of Insurance Ins 6.01
Current through October 28, 2024
Experience has demonstrated that until a company has engaged in the business of insurance for at least 2 years there is not a sufficient basis upon which to form a judgment as to whether its methods and practices in the conduct of its business are such as to safeguard the interests of its policyholders and the people of this state. Therefore, no application of a foreign insurance company or mutual benefit society for a license to transact business in Wisconsin will be considered until it has continuously transacted the business of insurance for at least 2 years immediately prior to the making of such application for license.
Wis. Admin. Code Office of the Commissioner of Insurance Ins 6.01