Section 627.05. Classifications of insurance.

  The commissioner may by rule define and delimit lines and classes of insurance for any purposes within the commissioner's regulatory power, including:

(1)  To delimit the underwriting powers of insurers doing business in this state;

(2)  To provide a basis for determining the financial needs of insurers under s. 611.19 or comparable provisions of other chapters;

(3)  To provide instructions for reports and replies under s. 601.42 ;

(4)  To restrict combinations of lines or classes of insurance; and

(5)  To determine which rules under ch. 632 are applicable.