(1m) This chapter applies to all kinds and lines of direct insurance written on risks or operations in this state by any insurer authorized to do business in this state, except:
(a) Ocean marine insurance;
(b) Worker’s compensation insurance;
(c) Life insurance other than credit life insurance;
(d) Variable and fixed annuities; and (e) Group and blanket accident and sickness insurance other than credit accident and sickness insurance.
(f) Funding agreements authorized under s. 632.66.
(7) To the extent that ch. 424 is inconsistent with this chapter, ch. 424 shall apply.