Add Hawaii and New Hampshire to the list of states enacting legislation to adopt the Interstate Insurance Product Regulation Compact. The Aloha and Granite states join Colorado, Iowa, Maine, Utah, Virginia and West Virginia in taking up the measure, which creates uniform national product standards and provides a central point of filing for insurers.Twenty-two more states currently are considering enactment of the Interstate Compact.
"We have a responsibility to ensure quality, seamless service to both consumers and industry, not only within each state, but throughout the nation," says New Hampshire Insurance Commissioner Roger Sevigny. "Through the Interstate Compact, we have an opportunity to build a marketplace that better serves everyone."
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