NU Online News Service, June 14, 4:45 p.m. – Prudential Insurance Company of America, Newark, N.J., filed an individual term life product today with the new Cordinated Advertising Rate and Form Review Authority.
A working group at the National Association of Insurance Commissioners, Kansas City, Mo., organized CARFRA to serve as a multistate system for reviewing insurance product filings. Ten states are now testing the new system.
The Prudential product filing appears to be the first to go through CARFRA.
