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Committee approves rule rewrite on life settlements to reduce duplication with statute
2407648 · January 27, 2025
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Summary
The House Business Committee approved IDAPA 18.03.02, a rewrite of life-settlement rules the department said removes duplication with statute and reduces word count without substantive changes.
The House Business Committee approved the Department of Insurance's rewrite of rules governing life settlements, docket number 1803022401 (IDAPA 18.03.02). Eric Fletcher, company activities bureau chief and chief examiner for the Department of Insurance, told the committee the rewrite "sets requirements…
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