Insurance Laws - P&C
Wisconsin Insurance Plan - The state organization that provides basic insurance to those who can't
obtain coverage through the normal market.
3% - The premium tax on legal surplus policies.
Wisconsin Automobile Insurance Plan WAIP - The state government committee for review and
revising insurance laws and regulation. They must submit their rules and rates to the commissioner for
approval.
Surplus lines insurance proposal form - A form that a surplus lines agent must give to their
policyholders.
5% - The premium tax on illegal surplus policies.