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IIPRC Statutes

Interstate Insurance Product Regulation Compact

State Statutes

NCSL Staff Contact: Heather Morton, Denver, (303) 364-7700

States are committed to pursuing modernization of state insurance regulation and they are adopting a streamlined system of product regulation over four product lines: life insurance, annuities, disability income, and long-term care insurance. Through the compact, states are creating uniform product standards, which allows insurers to market insurance products more quickly since they will not have to meet state-specific standards.

Since meeting its operational threshold in May 2006, the Interstate Insurance Product Regulation Compact (IIPRC) now has 43 member states representing approximately two-thirds of the premium volume nationwide.

Related NCSL Webpages:

AL | AK | AR | CO | FL | GA | HIID | IL | IN | IA | KS | KY | LA | ME | MD | MA | MIMN | MS | MO | MT | NE | NVNHNJ | NM | NC | OH | OK | ORPA | PR | RI | SC | TN | TXUT | VT | VA | WA | WV | WIWY
STATES
STATUTORY CITATION
Alabama
Ala. Code §27-60-1 et seq.
Alaska
Alaska Stat. §21.42.700 et seq.
Arizona
none
Arkansas
Ark. Stat. Ann. §23-67-601 et seq.
California
none
Colorado
Colo. Rev. Stat. §24-60-3001
Connecticut
none
Delaware
none
District of Columbia
none
Florida
2013 Chapter 140 (Effective July 1, 2014)
Georgia
Ga. Code §33-59A-1 et seq.
Guam
none
Hawaii
Hawaii Rev. Stat. §431:30-101
Idaho
Idaho Code §41-5701 et seq.
Illinois
Ill. Rev. Stat. ch. 45, §162/1 et seq.
Indiana
Ind. Code §27-8-31-1 et seq.
Iowa
Iowa Code §505A.1
Kansas
Kan. Stat. Ann. §40-5301 et seq.
Kentucky
Ky. Rev. Stat. §304.51-010
Louisiana
La. Rev. Stat. Ann. §22:2381 et seq.
Maine
Me. Rev. Stat. Ann. tit. 24-A, §2471 et seq.
Maryland
Md. Insurance Code Ann. §29-101 et seq.
Massachusetts
Mass. Gen. Laws. Ann. ch. 175K, §1 et seq.
Michigan
Mich. Comp. Laws §3.1031
Minnesota
Minn. Stat. §60A.99 et seq.
Mississippi
Miss. Code Ann. §83-69-1
Missouri
Mo. Rev. Stat. §374.350 et seq.
Montana
Mont. Code Ann. §33-39-101 et seq.
Nebraska
Neb. Rev. Stat. §44-7801 et seq.
Nevada
Nev. Rev. Stat. §687C.010 et seq.
New Hampshire
N.H. Rev. Stat. Ann. §408-C:1 et seq.
New Jersey
N.J. Rev. Stat. §17B:37-1 et seq.
New Mexico
N.M. Stat. Ann. §11-19-1
New York
none
North Carolina
N.C. Gen. Stat. §58-91-1 et seq.
North Dakota
none
Ohio
Ohio Rev. Code Ann. §3915.16
Oklahoma
Okla. Stat. tit. 36, §7004
Oregon
Or. Rev. Stat. §732.820 et seq.
Pennsylvania
Pa. Cons. Stat. tit. 40, §4101 et seq.
Puerto Rico
P.R. Code Ann. tit. 26, §8081 et seq.
Rhode Island
R.I. Gen. Laws §27-2.5-2
South Carolina
S.C. Code Ann. §38-95-10 et seq.
South Dakota
none
Tennessee
Tenn. Code Ann. §56-58-101 et seq.
Texas
Tex. Insurance Code Ann. §5001.001 et seq.
Utah
Utah Code Ann. §31A-39-101
Vermont
Vt. Stat. Ann. tit. 8, §8500 et seq.
Virginia
Va. Code §38.2-6200 et seq.
Washington
Wash. Rev. Code §48.130.005 et seq.
West Virginia
W. Va. Code §33-47-1 et seq.
Wisconsin
Wis. Stat. §601.58
Wyoming
Wyo. Stat. §26-15-201

 

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