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NCOIL may act on market conduct, life settlements models.(Regulation)(National Conference of Insurance Legislators)
- Article from:
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National Underwriter Life & Health-Financial ServicesEdition
- Article date:
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July 19, 2004
- Author:
- Connolly, Jim
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Copyright informationCOPYRIGHT 2004 The National Underwriter Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ACTION ON MARKET CONDUCT and life settlement model acts and a resolution on the need for an extension to the Terrorism Risk Insurance Act of 2002 are part of the agenda for a meeting of state insurance legislators in Chicago that started last Friday.
Other issues to be examined during the summer meeting of the National Conference of Insurance Legislators, Albany, N.Y., include a discussion on corporate governance.
The American Council of Life Insurers, Washington, says it will present information on investor-owned lifecontracts and the potential negative effect they could have on the industry. Insurers have raised concern over the growing use of product called life ...