The purpose of this rule is to prescribe:
- (1) Guidelines and standards for statements of actuarial opinion which are to be submitted in accordance with subch. IV and ch. 623, Stats., and for memoranda in support of such an opinion.
- (2) Rules applicable to the appointment of an appointed actuary.
- (3) Guidance as to the meaning of “adequacy of reserves.”
History
History: Cr. Register, December, 1995, No. 480, eff. 1-1-96; CR 04-071: r. (2), renum. (3) to be (2), cr. (3) Register December 2004 No. 588, eff. 12-31-05.