Link: https://www.thinkadvisor.com/2022/01/24/new-york-may-develop-life-policy-disclosure-rules/
Excerpt:
An NAIC committee formed the Life Insurance Illustrations Working Group in 2016.
The working group chair report said states should become the laboratories for disclosure standards.
The committee disbanded the working group and put the disclosure standards effort back in the hands of the states.
Author(s): Allison Bell
Publication Date: 24 Jan 2022
Publication Site: Think Advisor