Tennessee Code 56-42-110 – Duties of commissioner – Rules and regulations
Current as of: 2024 | Check for updates
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Terms Used In Tennessee Code 56-42-110
- Commissioner: means the commissioner of commerce and insurance. See Tennessee Code 56-42-103
- Long-term care insurance: includes group and individual annuities and life insurance policies or riders that provide directly or supplement long-term care insurance. See Tennessee Code 56-42-103
The commissioner shall issue reasonable regulations for the administration and enforcement of this chapter, including, but not limited to, rules to promote premium adequacy and to protect the policyholder in the event of substantial rate increases, and to establish minimum standards for producer education, marketing practices, producer compensation, producer testing, penalties and reporting practices for long-term care insurance.