OIR to Hold August 28 STOLI Insurance Information Hearing
Aug 26, 2008
The Florida Office of Insurance Regulation (“OIR”) will hold an August 28, 2008 informational hearing on business arrangements known as Stranger Owned Life Insurance, Stranger-Oriented Life Insurance, Stranger Originated Life Insurance or Speculator Initiated Life Insurance (“STOLI”).
The hearing, which is open for public comment, will be chaired by Florida Insurance Commissioner Kevin McCarty.
To view the tentative agenda, click here.
A Colodny Fass representative will attend the hearing and report on the proceedings.
A copy of the OIR’s media advisory is below.
Should you have any questions or comments, please do not hesitate to contact Colodny Fass.
MEDIA ADVISORY
August 26, 2008
WHAT: Florida Insurance Commissioner Kevin McCarty will chair an informational hearing to discuss and receive public comment on the business arrangements variously called Stranger Owned Life Insurance, Stranger-Oriented Life Insurance, Stranger Originated Life Insurance or Speculator Initiated Life Insurance (STOLI).
The Florida Channel will be covering the event live.
A copy of the tentative agenda is available for your review.
WHEN: Thursday, Aug. 28 at 1 p.m.
WHERE: Room 309, The Capitol, Tallahassee, FL 32399
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