Wisconsin statutory law vests the Ccommissioner with broad powers and duties to protect the public and to ensure that the insurance industry meets the insurance needs of Wisconsin citizens responsibly and adequately. These powers and duties are exercised in accordance with procedures designed to assure due process and judicial safeguards. The Ccommissioner has broad rule-making authority, limited only by the proposed rule’s relevance to the related statutes and by general legal and constitutional restraints. The Ccommissioner supplements statutory law by interpreting that law through the formal processes of rule-making and adjudication, and by informal executive decisions. Rule-making builds up a body of insurance regulation which is a guide to regulated interests and the general public. The rule-making procedure includes the publishing of proposed rules and an invitation for comment at a scheduled hearing. This procedure permits people to express their opinions about the proposed rule’s impact on their businesses, activities, and interests, and helps the Ccommissioner formulate rules based on sound public policy considerations. The Ccommissioner has wide power to issue orders to enforce the statutes and rules. The existence of such enforcement powers enables the Ccommissioner to negotiate settlements and induce compliance in most instances without the necessity of taking formal disciplinary action. However, the Ccommissioner will use enforcement powers if the particular situation demands it. The Ccommissioner has full administrative power of investigation, usually exercised through investigatory, educational, or multi-purpose hearings. GENERAL POWERS WHAT ARE THE COMMISSIONER’S GENERAL DUTIES AND POWERS? The Ccommissioner is responsible for administering and enforcing the insurance laws of Wisconsin. The Ccommissioner must act as promptly as possible on all matters placed before the office. The Ccommissioner and the office possess all the powers specifically granted or reasonably implied by the statutes. This enables the office to perform the duties necessary to enforce the law, including adoption of rules. [s. 601.41] MAY THE

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Wisconsin statutory law vests the Ccommissioner with broad powers and duties toprotect the public and to ensure that the insurance industry meets the insuranceneeds of Wisconsin citizens responsibly and adequately. These powers and dutiesare exercised in accordance with procedures designed to assure due process andjudicial safeguards.The Ccommissioner has broad rule-making authority, limited only by the proposedrule’s relevance to the related statutes and by general legal and constitutionalrestraints. The Ccommissioner supplements statutory law by interpreting that lawthrough the formal processes of rule-making and adjudication, and by informalexecutive decisions.Rule-making builds up a body of insurance regulation which is a guide to regulatedinterests and the general public. The rule-making procedure includes the publishingof proposed rules and an invitation for comment at a scheduled hearing. Thisprocedure permits people to express their opinions about the proposed rule’simpact on their businesses, activities, and interests, and helps the Ccommissionerformulate rules based on sound public policy considerations.The Ccommissioner has wide power to issue orders to enforce the statutes andrules. The existence of such enforcement powers enables the Ccommissionerto negotiate settlements and induce compliance in most instances without thenecessity of taking formal disciplinary action. However, the Ccommissioner will useenforcement powers if the particular situation demands it.The Ccommissioner has full administrative power of investigation, usually exercisedthrough investigatory, educational, or multi-purpose hearings.GENERAL POWERSWHAT ARE THE COMMISSIONER’S GENERAL DUTIES AND POWERS?The Ccommissioner is responsible for administering and enforcing the insurancelaws of Wisconsin. The Ccommissioner must act as promptly as possible on allmatters placed before the office.The Ccommissioner and the office possess all the powers specifically granted orreasonably implied by the statutes. This enables the office to perform the dutiesnecessary to enforce the law, including adoption of rules.[s. 601.41]MAY THE

WHAT PERSONS ARE REQUIRED TO REPLY TO THE COMMISSIONER’SREQUESTS FOR INFORMATION?The following persons are required to reply promptly in writing or in any otherdesignated form, to any written inquiry from the Ccommissioner requesting a reply:• Any officer, manager, or general agent of any insurer, authorized to do ordoing an insurance business in Wisconsin;• Any person controlling or having a contract under which he or she has a rightto control such an insurer, whether exclusively or otherwise;• Any person with executive authority over the affairs of an insurer; and• Any insurance intermediary or other person licensed under the insurancelaws.Failure to reply may result in penalties.[s. 601.42 (4)]