NOTICE IS HEREBY GIVEN THAT the Office of Insurance Regulation has issued an order disposing of the petition for declaratory statement filed by We the People, Inc. of the United States on November 30, 2010. The following is a summary of the agency's disposition of the petition:
The petition was granted stating that, based upon the representations in the petition, the proposed program does not constitute insurance or an annuity as defined in the Insurance Code.
A copy of the Order Disposing of the Petition for Declaratory Statement may be obtained by contacting: Catharine Schoenecker, by email, catharine.schoenecker@floir.com.
Please refer all comments to: Catharine Schoenecker, by email, catharine.schoenecker@floir.com.