Insurance Commission Orders 2% Increase in Investment Threshold Allocation of Pre-Need Firms

The Insurance Commission has authorized a 2-percent increase in the investment threshold allocation for the pre-need sector. This upward adjustment increases the allowable investment in long-term commercial paper from 15 percent to 17 percent of the total amount of the trust fund; in direct loans from 5 percent to 7 percent; in equities from 30 percent to 32 percent, and in real estate from 10 percent to 12 percent. The…

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