2013 Wisconsin Statutes & Annotations
623. Insurance — accounting and reserves.
623.02 Standards for accounting rules.


WI Stat § 623.02 (2013 through Act 380) What's This?

623.02 Standards for accounting rules. When promulgating accounting rules, the commissioner shall consider recommendations made by the National Association of Insurance Commissioners, generally accepted accounting principles both in the insurance industry and outside it, the requirements of the law and the needs of regulation, including detection of insolvency, and the needs for information of insureds, investors, and the public.

History: 1973 c. 293.

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