The Gift of Giving: States Move to Amend Their Anti-Rebating Laws
By EsqSocial Corporation 06/05/21
On December 9, 2020, the NAIC Executive Committee adopted provisions to section 4(H) of the NAIC Unfair Trade Practices Act (Model 880) allowing insurers and producers to provide consumers with value-added products and services that are not specified in the policy. Massachusetts, New Mexico, New York, and North Dakota are proposing changes to their respective rebating laws, based on the changes to Model 880....
By: Carlton Fields