New York joins the Interstate Insurance Product Regulation Compact to regulate insurance products and protect consumers.

New York joins the Interstate Insurance Product Regulation Compact to regulate certain insurance products among member states and protect consumers of individual and group annuity, life insurance, disability income, and long-term care insurance products. The compact establishes a commission to develop uniform standards, review product filings, and provide prompt review of products and advertisements. The commission has powers to promulgate rules, establish offices, purchase insurance, and borrow services.

New York joins the Interstate Insurance Product Regulation Compact to regulate insurance products and protect consumers.

New York joins the Interstate Insurance Product Regulation Compact to regulate certain insurance products among member states and protect consumers of individual and group annuity, life insurance, disability income, and long-term care insurance products. The compact establishes a commission to develop uniform standards, review product filings, and provide prompt review of products and advertisements. The commission has powers to promulgate rules, establish offices, purchase insurance, and borrow services.