
Interstate Insurance Product Regulation Compact
The purposes of this Interstate Insurance Product Regulation Compact are, through means of joint and cooperative action among the Compacting Statesto promote and protect the interest of consumers of individual and group annuity, life insurance, disability income and long-term care insurance products, to develop uniform standards for insurance products covered under the Compact, to establish a central clearinghouse to receive and provide prompt review of insurance products covered under the Compact and, in certain cases, advertisements related thereto, submitted by insurers authorized to do business in one or more Compacting States, to give appropriate regulatory approval to those product filings and advertisements satisfying the applicable uniform standard, to improve coordination of regulatory resources and expertise between state insurance departments regarding the setting of uniform standards and review of insurance products covered under the Compact, to create the Interstate Insurance Product Regulation Commission; and to perform these and such other related functions as may be consistent with the state regulation of the business of insurance.
Member States
Click a state to view its list of compacts
State |
Citation |
Year Of Joinder |
Alabama
|
Ala. Code 27-60-1
|
2011
|
Alaska
|
AS Sec. 21.42.700 et seq.
|
2007
|
Arizona
|
AZ Rev. Stat. Ann 20-3251
|
2014
|
Arkansas
|
Ark. Code Ann. 23-67-601
|
2013
|
Colorado
|
C.R.S.A. Sec. 24-60-3001
|
2004
|
Connecticut
|
|
|
D.C.
|
DC ST Sec. 31-1391
|
2008
|
Georgia
|
O.C.G.A. Secs. 33-59A-1
|
2006
|
Hawaii
|
HRS Secs. 431:30-101 et seq.
|
2004
|
Idaho
|
I.C. Secs. 41-5701 et seq.
|
2010
|
Illinois
|
45 ILCS 162/1 et seq.
|
2010
|
Indiana
|
West's A.I.C. Secs. 27-8-31-1
|
2006
|
Iowa
|
I.C.A. Sec. 505A.1
|
2007
|
Kansas
|
K.S.A. 40-5301 - 40-5303
|
2005
|
Kentucky
|
KRS Sec. 304.51-010
|
2006
|
Louisiana
|
LA Rev. Stat. Ann 22:2381
|
2008
|
Maine
|
24-A M.R.S.A. Secs. 2471-2487
|
2003
|
Maryland
|
Code, Insurance, Secs. 29-101
|
2009
|
Massachusetts
|
M.G.L.A.C. 175K, Secs. 1-16
|
2006
|
Michigan
|
M.C.L.A. Sec. 3.1031
|
2007
|
Minnesota
|
M.S.A. Secs. 60A.99
|
2009
|
Mississippi
|
Miss. Code Ann. 357-1
|
2009
|
Missouri
|
V.A.M.S. Secs 374.350 et seq.
|
2009
|
Montana
|
Mont. Code Ann. 33-39-101
|
2013
|
Nebraska
|
Neb. Rev. Stat. 44-7801
|
2005
|
Nevada
|
Nev. Rev. Stat 687C.010
|
2011
|
New Hampshire
|
N.H. Rev. Stat. Ann 408-C:1
|
2004
|
New Jersey
|
N.J.S.A. 17B:37-1 et seq.
|
2011
|
New Mexico
|
NMSA 1978, Sec. 11-19-1
|
2009
|
North Carolina
|
G.S. Secs. 58-91-1 et seq.
|
2005
|
Ohio
|
RC Sec. 3915.16
|
2006
|
Oklahoma
|
36 Okl.St.Ann. Sec. 7004
|
2006
|
Oregon
|
O.R.S. 732.820
|
2011
|
Pennsylvania
|
PA. Cons. Stat. 40-4101
|
2006
|
Rhode Island
|
Gen.Laws. 1956, Sec. 27-2.5-1
|
2004
|
South Carolina
|
Code 1976, Secs. 38-95-10 et seq.
|
2009
|
Tennessee
|
T.C.A. Secs. 56-58-101 et seq.
|
2007
|
Texas
|
V.T.C.A., Insurance Code Secs. 5001.001 et seq.
|
2005
|
Utah
|
U.C.A. 1953, 31A-39-101
|
2004
|
Vermont
|
8 V.S.A. Secs. 8500 et seq.
|
2005
|
Virginia
|
Code 1950, Secs. 38.2-6200
|
2007
|
Washington
|
West's RCWA Secs. 48.130.005 et seq.
|
2005
|
West Virginia
|
Code, 33-47-1 et seq.
|
2004
|
Wisconsin
|
W.S.A. 601.58
|
2008
|
Wyoming
|
W.S.A. Sec. 26-15-201
|
2006
|
|
|