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Anti-trust Compliance

POLICY STATEMENT OF ANTI-TRUST COMPLIANCE

The North East Home Office Underwriters Association (NEHOUA) is a voluntary association of individual members. The object of the association is to advance the knowledge of sound underwriting of life and disability insurance risks, toward which end it holds meetings, publishes papers and discussions, and promotes educational programs.

Because of the nature of its business – bringing together competitors for the purpose of discussing important facts and issues in life and disability risk appraisal – NEHOUA and its members must at all times be sensitive to both the spirit and letter of anti-trust laws, which broadly stated, prohibit any activities that might lessen or tend to lessen the desirable competition of the association constituents. It is the policy of NEHOUA to avoid all activities that could or might appear to violate any anti-trust law.
NEHOUA will not, through its programs, policies, or practices, suggest price fixing. Pricing suggestions that are prohibited include suggested extra rating or proposed business actions regarding individual applicants for insurance. “Price fixing” can be broadly interpreted, as any semblance of it must be avoided.

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