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Panel recommends due pass for technical fix to life‑settlement producer renewal dates
Summary
The Industry and Business Committee recommended a due pass for SB 2092, an agency bill that standardizes renewal dates for life settlement producer licenses and clarifies how prorated initial licensing intervals are handled.
The Senate Industry and Business Committee recommended a due pass for Senate Bill 2092, a North Dakota Insurance Department bill to correct and standardize renewal dates for life settlement producers.
Janelle Mittelstaedt, division director for producer licensing at the Insurance Department, told the committee the measure is a housekeeping and consumer‑protection step…
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