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State takes aim at secondary market for life insurance policies (access required)

Idaho lawmakers have passed a bill that would begin to regulate the secondary market for life insurance policies, outlawing dishonest practices and requiring licensing, record-keeping and disclosure for legitimate professionals.The bill crafted by the Idaho Department of Insurance has passed both houses of the state Legislature unanimously and awaits Gov. C.L. “Butch” Otter’s signature.Idaho is ...

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