"Louisiana and South Carolina's adoption of the Compact further signifies that the IIPRC is a viable regulatory tool for modernizing the way insurance products are brought to market," said West Virginia Insurance Commissioner Jane Cline, chair of the IIPRC Management Committee. "We look forward to the Commission's continued growth, as well as the addition of new member states and new product standards."

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James J. Donelon
Commissioner
Louisiana Department
of Insurance

Scott H. Richardson
Director
South Carolina
Department of Insurance

These standards will be effective in 90 days, giving companies even more reason to leverage the IIPRC’s one-stop, electronic filing platform. By filing with the IIPRC, companies can use one set of uniform standards that is valid in all 31 compact-member jurisdictions.

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Insurance Compact Testifies to Start-Up Success
Interstate Insurance Product Regulation Commission (IIPRC) Executive Director Frances Arricale testified today before the U.S. House Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises, highlighting the successful state-based efforts to modernize insurance regulation under the Interstate Insurance Compact.

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Read Testimony >

Insurance Compact Reflects on Successful Start-Up Year
12/2/07