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INSURANCE & COMMERCE - SENATE - Mar 12, 2019

INSURANCE & COMMERCE - SENATE · March 12, 2019

The Senate Insurance & Commerce committee considered and passed House Bill 1391, which would require life insurers to confirm whether a decedent had a policy and the benefit amount within three business days after notification; the Arkansas Insurance Department said the bill was originally written for a 24-hour turnaround but was revised to three business days and includes rule-making authority.

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