On November 11, 2015, Governor Walker signed Act 90 which makes various changes to Wisconsin insurance statutes. While most of those changes will be detailed in our new laws bulletin, we have received numerous questions related to the changes to commercial and product liability report requirements.
This legislation ended the requirement of collecting both commercial and product liability data from companies. Act 90 also ended the requirement to report the data compilation in the annual Wisconsin Insurance Report.
As a result, the Office of Commissioner of Insurance will no longer be collecting commercial and product liability data.
If there are any questions on this bulletin, please contact Marcia Zimmer at firstname.lastname@example.org.