2023 Annual Report
The 2023 Annual Report emphasizes the continued success of the Insurance Compact as it ends its seventeenth year of operations.
The Insurance Compact’s achievements include the adoption of Uniform Standards Development Guidelines, new rulemaking provision for incorporation by reference, and several new uniform standards, including Disability Income Buy-Sell and Key-Person and Group Whole Life Insurance products for employer/employee groups, the launch of the Insurance Compact’s redesigned website, and the creation of the Adjunct Services Committee. These actions were implemented in conjunction with the second annual Compact Roundtables, which are strategic planning sessions where members can hear feedback about the Insurance Compact directly from interested parties.
The Insurance Compact’s Annual Report highlights the continued progress and success of the commitment and hard work of its members, their staff, state legislators, companies, and consumer and industry representatives.