INS-02-11-00003-A Determining Minimum Reserve Liabilities and Nonforfeiture Benefits  

  • 3/16/11 N.Y. St. Reg. INS-02-11-00003-A
    NEW YORK STATE REGISTER
    VOLUME XXXIII, ISSUE 11
    March 16, 2011
    RULE MAKING ACTIVITIES
    INSURANCE DEPARTMENT
    NOTICE OF ADOPTION
     
    I.D No. INS-02-11-00003-A
    Filing No. 220
    Filing Date. Mar. 01, 2011
    Effective Date. Mar. 16, 2011
    Determining Minimum Reserve Liabilities and Nonforfeiture Benefits
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    Amendment of Part 100 (Regulation 179) of Title 11 NYCRR.
    Statutory authority:
    Insurance Law, sections 201, 301, 1304, 4217, 4218, 4221, 4224, 4240 and 4517; and arts. 24 and 26
    Subject:
    Determining Minimum Reserve Liabilities and Nonforfeiture Benefits.
    Purpose:
    Extend the use of the 2001 CSO Preferred Structure Mortality Table to policies issued on or after January 1, 2004.
    Text or summary was published
    in the January 12, 2011 issue of the Register, I.D. No. INS-02-11-00003-P.
    Final rule as compared with last published rule:
    No changes.
    Text of rule and any required statements and analyses may be obtained from:
    David Neustadt, New York State Insurance Department, 25 Beaver Street, New York, NY 10004, (212) 480-5265, email: dneustad@ins.state.ny.us
    Assessment of Public Comment
    The agency received no public comment.

Document Information

Effective Date:
3/16/2011
Publish Date:
03/16/2011