On August 26, the Department of Professional and Financial Regulation, Bureau of Insurance, held a hearing on proposed rule change to define and prohibit spread pricing. NACDS attended the hearing and submitted testimony in support of the proposed changes. Additional written comments are due by September 9 at 4:00 p.m. and should be addressed to: Karma Lombard, Maine Bureau of Insurance, 34 State House Station, Augusta, Maine 04333 or Karma.Y.Lombard@maine.gov.

For more information, please contact NACDS’ Ben Pearlman at 617-515-2603.