New York Regulator Aims to Require Life Insurers Justify Higher Rates on Old Policies
From todays Wall Street Journal
Companies say ultralow interest rates are making policies much less profitable than anticipated
Life insurers will be forced to justify charging higher rates to owners of older policies under a new proposal from New York’s financial industry regulator.
The New York Department of Financial Services’ proposed rule will
Source of insurance-forums.net
From todays Wall Street Journal
Companies say ultralow interest rates are making policies much less profitable than anticipated
Life insurers will be forced to justify charging higher rates to owners of older policies under a new proposal from New York’s financial industry regulator.
The New York Department of Financial Services’ proposed rule will
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