The power of unity.

• Position: Trends And Transitions - Brief Article

Insurance regulation is a state-based system that allows state leaders to meet local needs, but there are areas where everyone agrees greater uniformity is needed. One such area is the regulation of investment insurance policies, such as annuities, life insurance, disability income and long-term care.

So the nation's state legislators and insurance commissioners endorsed a plan for an interstate insurance compact that will uniformly regulate these types of policies. The compact does not affect property and casualty lines, such as auto, homeowners' or workers'...