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It's time to ban IOLI.(THE EDITOR'S EDGE)(investor-owned life insurance )(Editorial)

Publication: National Underwriter Life & Health
Publication Date: 20-JUN-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
IT WAS GRATIFYING TO SEE THAT A regulatory panel convened for the summer meeting of the National Association of Insurance Commissioners took the definite step of going on record against the expansion of state insurable interest laws. Now it is up to the full NAIC to put the seal on this of up...

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...resolution.

The unfortunate expansion insurable interest laws has picked speed in various jurisdictions around the country and it can only be hoped that if state insurance commissioners come out against it that legislators in their...

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