20110713-IR-760110406NIA OVERVIEW: Adds 760 IAC 1-79 to set forth standards to protect consumers from misleading and fraudulent marketing practices with respect to the use of senior-specific certifications and professional d...

TITLE 760 DEPARTMENT OF INSURANCE

Notice of Intent to Adopt a Rule LSA Document #11-406

Under IC 4-22-2-23, the Department of Insurance intends to adopt a rule concerning the following:

OVERVIEW: Adds 760 IAC 1-79 to set forth standards to protect consumers from misleading and fraudulent marketing practices with respect to the use of senior-specific certifications and professional designations in the solicitation, sale, or purchase of, or advice made in connection with, a life insurance or annuity product. Written comments should be addressed to the Small Business Regulatory Coordinator for this rule. Statutory authority: IC 27-1-3-7; IC 27-1-15.6-33.

For purposes of IC 4-22-2-28.1, the Small Business Regulatory Coordinator for this rule is:

Meggan Brumbaugh

Department of Insurance

311 West Washington Street

Suite 103

Indianapolis, IN 46204

[phone]

[e-mail]

For purposes of IC 4-22-2-28.1, the Small Business Ombudsman designated by IC 5-28-17-5 is:

Ryan Asberry

Indiana Economic Development Corporation

One North Capitol, Suite 700

Indianapolis, IN 46204

[phone]

[e-mail]

Resources available to regulated entities through the small business ombudsman include the ombudsman's duties stated in IC 5-28-17-5, specifically IC 5-28-17-5(9), investigating and attempting to resolve any matter regarding compliance by a small business with a law, rule, or policy administered by a state agency, either as a party to a proceeding or as a mediator.

Posted: 07/13/2011 by Legislative Services Agency

DIN: 20110713-IR-760110406NIA

Composed: Nov 01,2016 1:11:36AM EDT

A PDF version of this document.