Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 601. Insurance — Administration |
SubChapter III. FINANCING THE INSURANCE OFFICE |
Section 601.31. Fees.
Latest version.
- (1) Except as provided in sub. (2m) , the following fees, unless revised by the commissioner as provided in s. 601.32 , shall be paid to the commissioner:(a) For filing documents for examination preliminary to initial licensing or for any other initial filing of documents required by law as a prerequisite for operating or otherwise providing services in this state, including the filing of articles of incorporation, the first declaration or statement, a certified copy of charter, and others:1. Domestic and nondomestic insurers, $400.2. Rate service organizations, $400.3. Motor clubs, $400.5. Providers of services under ch. 647 , $100.(b) For issuing a permit or certificate of authority:1. Domestic and nondomestic insurers, $400.2. Rate service organizations, $400.3. Motor clubs, $400.5. Providers of services under ch. 647 , $100.(c) Annually for continuation of a permit or certificate of authority:1. Domestic and nondomestic insurers, $100.2. Rate service organizations, $100.3. Motor clubs, $100.5. Providers of services under ch. 647 , $25.(d) For filing articles of amendment, domestic companies, $25.(e) For filing a copy of amendments to the articles of a nondomestic insurer, $25.(f) For filing articles of merger, $100.(g) For filing a copy of articles of merger of a nondomestic insurer, other than with a domestic corporation, $25.(h) For filing an application by a nondomestic insurer for amended certificate of authority to transact business in this state, $25.(i) For filing an application to reserve a corporate name, $25.(j) For filing a notice of transfer of a reserved corporate name, $25.(k) For filing an annual statement:1. Domestic and nondomestic insurers, $100.2. Rate service organizations, $100.3. Motor clubs, $100.5. Providers of services under ch. 647 , $25.6. Domestic mutual insurance holding companies, $100.(km) For processing and maintaining registration records under s. 100.203 (2) , a fee to be set by the commissioner by rule but not to exceed $250 annually.(kr) For processing and maintaining license records under s. 616.54 (4) , $400 upon initial licensure and $100 annually thereafter, unless the commission specifies a different amount by rule.(L) For issuing or enlarging the scope of a license, amounts to be set by the commissioner by rule but not to exceed:2. Corporation, limited liability company or partnership intermediary, $100; and3. Licensees authorized to place business under s. 618.41 , $100.(Lg) For filing an original electronic resident intermediary license application following successful completion of any required prelicensing education or examination under s. 628.04 , $10.(Lp) For certifying as an independent review organization under s. 632.835 , $400.(Lr) For each biennial recertification as an independent review organization under s. 632.835 , $100.(m) For regulating resident intermediaries and nonresident intermediaries, annually after the year in which the initial license is issued, amounts to be set by the commissioner by rule and paid at times and under procedures set by the commissioner.(mc) For regulating a holder of a license to place business under s. 618.41 , annually after the year in which the initial license is issued, an amount to be set by the commissioner by rule and paid at times and under procedures set by the commissioner, but not to exceed $100.(n) For appointing, or renewing an appointment of, an agent under s. 628.11 , $16 annually for resident agents or $40 annually for nonresident agents, unless the commissioner sets a higher fee by rule, to be paid at times and under procedures set by the commissioner.(nm) For issuing a license as an individual navigator under s. 628.92 (1) , unless the commissioner specifies a different amount by rule:1. Initial issuance, $75.2. Annual renewal, $35.(np) For registering as a navigator entity under s. 628.92 (2) , unless the commissioner specifies a different amount by rule:1. Initial registration, $100.2. Annual renewal, $100.(o) For examination of an applicant for a license as an insurance intermediary, an amount to be set by the commissioner by rule.(p) For substituted service of process on the commissioner under s. 601.72 , $10.(q) For a copy of a paper filed in the commissioner's office, actual cost.(r) For preparation and furnishing of lists of insurers or intermediaries, actual cost.(t) For filing documents for examination preliminary to initial listing by the commissioner for surplus lines insurance under s. 618.41 (6) (d) , $100.(tc) For each annual listing by the commissioner for surplus lines insurance under s. 618.41 (6) (d) , $500.(w) For initial issuance and for each annual renewal of a license as an administrator under ch. 633 , $100.(x)1. For issuing approval to an organization to offer prelicensing or continuing education courses or programs for intermediaries under s. 628.04 (3) , a fee to be set by the commissioner by rule, but not to exceed $500.2. By organizations approved under subd. 1. , for renewing the approval of such organizations, annually after the year in which the approval under subd. 1. is issued, an amount to be set and paid at times and under procedure set by the commissioner by rule, but not to exceed $100.3. By organizations approved under subd. 1. , for submitting, for initial approval or approval of any subsequent modification, each course for prelicensing or continuing education, a fee to be set by the commissioner by rule, but not to exceed $25 per credit hour.(y)1. For certifying a copy of an annual statement, an examination report, a certificate of authority or articles and bylaws, or amendments to any of those documents, $10.2. For a duplicate certification that is requested at the same time as the certification under subd. 1. , $5.(2) Town mutuals and insurers operating under subch. I of ch. 616 are exempt from all provisions of this section except sub. (1) (b) , (c) and (q) .(2m) An individual who is eligible for the veterans fee waiver program under s. 45.44 is not required to pay a fee under sub. (1) for the issuance to the individual of any license, certificate, or permit specified in sub. (1) .(3) The commissioner may not increase fees under sub. (1) (m) above the amounts in effect on March 25, 1988, except for the purpose of funding projected expenses for the office's supervision of the insurance industry.
1971 c. 40
s.
93
;
1971 c. 125
,
260
,
307
;
1975 c. 223
,
371
,
373
,
374
,
421
;
1979 c. 102
ss.
63
to
65
,
237
;
1979 c. 261
,
355
;
1981 c. 20
ss.
1739
to
1748
,
2202 (26) (a)
;
1981 c. 38
,
314
;
1983 a. 358
;
1985 a. 29
;
1987 a. 27
,
166
;
1989 a. 31
;
1991 a. 39
;
1993 a. 112
;
1995 a. 27
,
371
,
396
;
1999 a. 9
,
155
;
2003 a. 261
,
302
;
2007 a. 169
;
2009 a. 28
,
342
,
344
;
2011 a. 209
,
226
;
2013 a. 20
,
271
.
Legislative Council Note on sub. (2), 1979:
In addition to some editorial corrections, this provision has been amended to apply s. 601.31 (2) [(1) (b)] and (3) [(1) (c)] to former ch. 185 insurers, now operating under subch. I of ch. 616. It also applies s. 601.31 (2) [(1) (b)] and (3) [(1) (c)] to town mutuals. The exemption of fraternals in sub. (25) from certain fees is not justified and is deleted. [Bill 21-S]