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The insurance business was first authorized and regulated in Wisconsin in 1870 (1870 Wisc. Act 56). The original law vested insurance regulation as a power of the Secretary of State of Wisconsin. These powers were transferred to a separate commissioner of insurance by an act of the Wisconsin Legislature in 1878 (1878 Wisc. Act 214).
BadgerCare Plus, known informally as BadgerCare, is a public healthcare coverage program for low-income Wisconsin residents created by former governor Tommy Thompson and modified by former governor Jim Doyle. The Wisconsin Department of Health Services oversees the program's implementation.
It is the most popular Wisconsin-based Medicare supplement plan in the state, with more than 42,000 members, based on enrollment data submitted to the National Association of Insurance Commissioners, 2015. In 1966, the year Medicare was established, WPS was named the Medicare administrator for the state of Wisconsin.
In 1867 he went into the business as an insurance agent, selling fire and life insurance for Aetna and other insurers. [4] He also became active with the Republican Party of Wisconsin, serving on the Madison city council. He ran for Wisconsin State Assembly in 1875, but was defeated by Liberal Republican William Charlton. [5]
On March 2, 1857 (167 years ago) (), Northwestern Mutual was founded as the Mutual Life Insurance Company of the State of Wisconsin. Originally located in Janesville, Wisconsin, the fledgling company relocated to Milwaukee in 1859.
National Guardian Life Insurance Company (NGL) was founded in 1909 under the name The Wisconsin State Life Insurance Company as a stock company in Madison, Wisconsin. In August 1910 the company changed their name to Guardian Life Insurance Company and a month later the first life insurance policy - policy #1 with a face amount of $5,000 - was sold.
The State Life Insurance Fund is a state-sponsored life insurance program for the benefit of Wisconsin residents. It was established with the passage of a law on June 7, 1911. [8] The applicant must be a state resident at the time of application for coverage through the Fund.
In response to that difficulty in purchasing workers compensation insurance for themselves, a collection of farm threshing crews formed what is now Society Insurance as Wisconsin Brotherhood of Threshermen Insurance Company, Limited Mutual, on June 8, 1915, in Madison, Wisconsin. [4] The company moved to Fond du Lac, Wisconsin, in 1918.