Section Ins 22.01 - Purpose(1) FINDINGS. The commissioner of insurance finds that certain plans of legal expense coverage, although they may constitute insurance plans, do not require regulation by the commissioner of insurance. The conduct of the lawyers is regulated by the state supreme court and, given the minimal coverage aspects of these plans, they do not require regulation by the commissioner. All other forms of legal expense insurance are subject to full insurance regulation.(2) PURPOSE. This section exempts certain legal expense insurance from regulation and limits the regulation of other legal expense insurance plans.(3) SCOPE. This chapter applies to all legal expense insurance written in the state of Wisconsin.(4) STATUTES INTERPRETED. Wisconsin Statutes interpreted and implemented by this rule are: ss. 600.01(1) (b) 5, 600.13, 601.41, 618.21, 623.11, 623.12 and 628.34(12), Stats.(5) DEFINITIONS. (a) "Commissioner" means the commissioner of insurance.(b) "Insurer" means any person doing an insurance business in the state as defined in s. 618.02, Stats.(c) "Legal expense insurance" means the contractual obligation to provide specific legal services or to reimburse for specific legal expenses in consideration of specified payment for an interval of time, regardless of whether the payment is made by the beneficiary individually or by a third person for the beneficiary but does not include the provision of, or reimbursement for, legal services incidental to other insurance coverages.Wis. Admin. Code Office of the Commissioner of Insurance Ins 22.01
Cr. Register, January, 1989, No. 397, eff. 2-1-89; correction in (4) made under s. 13.93(2m) (b) 7, Stats., Register, September, 1999, No. 525.