NAIC panel inching forward on life insurance illustration reg revision
October 11, 2022 by John Hilton
State insurance regulators inched closer to reopening the overall model regulation governing life insurance illustrations today.
During a conference call, members of the Indexed Universal Life Illustration subgroup agreed to come up with some ideas for targeted revisions to the Life Insurance Illustrations Model Regulation (#582).
Creating model regulation #582 was an acrimonious process that took years before the National Association of Insurance Commissioners adopted it in 1995.
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Originally Posted at InsuranceNewsNet on October 6, 2022 by John Hilton.
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