Wisconsin Statutes
Wis. Stat. § 617.12 (2026)
Rules requiring enterprise risk reports
✓ current as of July 2026
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617.12(1)(1) In this section, “enterprise risk” means any activity, circumstance, event, or series of events involving one or more affiliates of an insurer that, if not remedied, is likely to have a material adverse effect on the financial condition or liquidity of the insurer or its insurance holding company system, as defined in s. 622.03 (2), as a whole, including anything that would cause the insurer’s risk-based capital to fall into company action level as set forth in s. Ins 51.01 (4), Wis. Adm. Code, or that would cause the insurer to be in a hazardous financial condition as described in s. 623.11, 645.31, or 645.41.
617.12(2)(2) The commissioner shall promulgate rules requiring insurers to report their enterprise risk, including the form of the report and the manner and process for filing the report.
Notes of Decisions
Cited in 1
case, 1989–1989 · leading case: Alleghany Corp. v. Haase, 708 F. Supp. 1507 (W.D. Wis. 1989).
Alleghany Corp. v. Haase, 708 F. Supp. 1507 (W.D. Wis. 1989). “***■#{** Wis.Stat. § 617.12 states: Any person attempting to acquire control over a domestic insurer shall be subject to the same duties with respect to reports and replies to the commissioner as are provided by law for the insurer, to the extent reasonably *1522 necessary to…”
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