Wisconsin Code § 601.44

Conducting examinations
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(1) ORDER OF EXAMINATION. For each examination under s. 601.43, the commissioner shall issue an order stating the scope of the examination
and designating the examiner in charge. Upon demand a copy of
the order shall be exhibited to the examinee.
(2) ACCESS TO EXAMINEE. Any examiner authorized by the
commissioner shall, so far as necessary to the purposes of the examination, have access at all reasonable hours to the premises and
to any books, records, files, securities, documents or property of
the examinee and to those of persons under s. 601.43 (1) (b) so far
as they relate to the affairs of the examinee.
(3) COOPERATION. The officers, employees and agents of the
examinee and of persons under s. 601.43 (1) (b) shall comply
with every reasonable request of the examiners for assistance in
any matter relating to the examination. No person may obstruct
or interfere with the examination in any way other than by legal
process.
(4) CORRECTION OF BOOKS. If the commissioner finds the
accounts or records to be inadequate for proper examination of
the condition and affairs of the examinee or improperly kept or
posted, the commissioner may employ experts to rewrite, post or
balance them at the expense of the examinee.
(5) REPORT ON EXAMINATION. The examiner in charge of an
examination shall make a proposed report of the examination
which shall include such information and analysis as is ordered in
sub. (1), together with the examiner’s recommendations. Preparation of the proposed report may include conferences with the
examinee or the examinee’s representatives at the option of the
examiner in charge. The proposed report shall remain confidential until filed under sub. (6).
(6) ADOPTION AND FILING OF EXAMINATION REPORT. The
commissioner shall serve a copy of the proposed report upon the
examinee. Within 20 days after service, the examinee may serve
upon the commissioner a written demand for a hearing on the
contents of the report. If a hearing is demanded, the commissioner shall give notice and hold a hearing under ch. 227, except
that on demand by the examinee the hearing shall be private.
Within 60 days after the hearing or if no hearing is demanded
then within 60 days after the last day on which the examinee
might have demanded a hearing, the commissioner shall adopt
the report with any necessary modifications and file it for public
inspection, or the commissioner shall order a new examination.
(7) COPY FOR EXAMINEE. The commissioner shall forward a
copy of the examination report to the examinee immediately
upon adoption, except that if the proposed report is adopted without change, the commissioner need only so notify the examinee.
(8) COPIES FOR BOARD. The examinee shall forthwith furnish
copies of the adopted report to each member of its board.
(9) COPIES FOR OTHER PERSONS. The commissioner may furnish, without cost or at a price to be determined by the commissioner, a copy of the adopted report to the insurance commissioner of each state in the United States and of each foreign jurisdiction in which the examinee is authorized to do business, and to
any other interested person in this state or elsewhere.
(10) REPORT AS EVIDENCE. In any proceeding by or against
the examinee or any officer or agent thereof the examination report as adopted by the commissioner shall be admissible as evidence of the facts stated therein. In any proceeding commenced
under ch. 645, the examination report whether adopted by the
commissioner or not shall be admissible as evidence of the facts
stated therein. In any proceeding by or against the examinee, the
facts asserted in any report properly admitted in evidence shall be
presumed to be true in the absence of contrary evidence.

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