New York State Issues New Regulations Regarding Cost of Insurance (COI) Increases

By |2017-09-21T14:57:21+00:00September 21st, 2017|Categories: Cost of Insurance (COI) Increase, Current Assumption Universal Life, General Interest, Policy Management|Tags: |

In November of last year we reported on a regulation floated by the New York State Department of Financial Services to “govern life insurance company practices related to increases in the premiums” of life insurance and annuity policies. The goal was to “protect New Yorkers from unjustified life insurance premium increases.” This week, the department issued [...]

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