Wisconsin Commissioner of Insurance

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The Wisconsin Commissioner of Insurance is a state executive position in the Wisconsin state government.

The Commissioner and Deputy Commissioner of Insurance for Wisconsin are appointed by the Governor and serve at the pleasure of the Governor.[1]

The position was created by the legislature in 1871 to ensure that the insurance industry "responsibly and adequately met the insurance needs of Wisconsin citizens."[2] Presently, the mission of the office is to lead the way in informing and protecting the public and responding to its insurance needs.[2]

Current officeholder

The current officeholder is Ted Nickel.

Before his appointment, Nickel was the Director of Governmental and Regulatory Affairs for the Church Mutual Insurance Company. He has served on the board of directors of the Wisconsin Insurance Alliance, Wisconsin Insurance Security Fund, and Oklahoma Property Insurance Guaranty Association, and is a member of the Legal and Government Affairs Committee of the Property Casualty Insurance Association of America.[3]

Nickel holds a BA in Business administration from Valparaiso University.[3]

Authority

Wisconsin law provides that heads of independent agencies may create and appoint such councils and committees as the operation of the agency requires.

Wisconsin Statutes, Section 15.04

In addition to any councils specifically created by law, create and appoint such councils or committees as the operation of the department or independent agency requires. Members of councils and committees created under this general authority shall serve without compensation, but may be reimbursed for their actual and necessary expenses incurred in the performance of their duties and, if such reimbursement is made, such reimbursement in the case of an officer or employee of this state who represents an agency as a member of such a council or committee shall be paid by the agency which pays the officer's or employee's salary.


The insurance law, section 601.20 of Wisconsin Statutes, authorizes the Commissioner of Insurance to create advisory councils and committees to assist in dealing with regulatory problems.

Wisconsin Statutes, Section 601.20

The commissioner may create advisory councils and committees under s. 15.04 (1) (c) to assist in dealing with regulatory problems. The commissioner may appoint members and may provide by rule for the creation, governance, duties and termination of any council or committee the commissioner establishes.

The Commissioner is to provide by rule for the creation, governance, duties, and termination of any council or committee that is established. The expert advice provided the Commissioner through these councils results in more efficient regulation of the insurance industry to the benefit of insurance consumers and insurers.Cite error: Closing </ref> missing for <ref> tag

Contact info

Address:
125 South Webster Street
Madison, Wisconsin 53703-3474
Phone: (608) 266-3585 (Madison), (800) 236-8517 (Statewide)
Fax: (608) 266-9935
Hours: Monday - Friday 7:45 a.m. - 4:30 p.m CST

See also

External links

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References


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