Section 601.01. Purposes.

  The purposes of chs. 600 to 655 are:

(1)  To ensure the solidity of all insurers doing business in this state;

(2)  To ensure that policyholders, claimants and insurers are treated fairly and equitably;

(3)  To ensure that the state has an adequate and healthy insurance market, characterized by competitive conditions and the exercise of initiative;

(4)  To provide for an office that is expert in the field of insurance, and able to enforce chs. 600 to 655 ;

(5)  To encourage full cooperation of the office with other regulatory bodies, both of this and other states and of the federal government;

(6)  To improve and thereby preserve state regulation of insurance;

(7)  To maintain freedom of contract and freedom of enterprise so far as consistent with the other purposes of the law;

(8)  To encourage self-regulation of the insurance enterprise;

(9)  To encourage loss prevention as an aspect of the operation of the insurance enterprise;

(10)  To keep the public informed on insurance matters; and

(11)  To achieve the other purposes stated in chs. 600 to 655 .

Cross-reference: See also Ins , Wis. adm. code.

Why process consumer complaints? A case study of the office of the commissioner of insurance of Wisconsin. Whitford, Kimball, 1974 WLR 639.