Friday, May 05, 2006
NAIC Life Insurance Committee Examines Controversial Settlement Issues
More than 300 insurance regulators, industry representatives and interested parties attended an Interim Meeting of the NAIC's Life Insurance and Annuities (A) Committee today in New York City.
The meeting featured a public hearing on "Premium Financing of Life Insurance, Life Settlements, and the Relationship with State Insurable Interest Laws." Six panel discussions included testimony from financial and life insurance experts, life insurance settlement advocates and consumer representatives. Most of the testimony centered on life insurance policies that are financed and purchased with the specific intent of selling them for cash settlements.
NAIC Life Insurance Committee Examines Controversial Settlement Issues
Source: Insurance News Net
The meeting featured a public hearing on "Premium Financing of Life Insurance, Life Settlements, and the Relationship with State Insurable Interest Laws." Six panel discussions included testimony from financial and life insurance experts, life insurance settlement advocates and consumer representatives. Most of the testimony centered on life insurance policies that are financed and purchased with the specific intent of selling them for cash settlements.
NAIC Life Insurance Committee Examines Controversial Settlement Issues
Source: Insurance News Net
Permalink posted by armandn @ 7:32 AM 
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