Friday, February 24, 2006
NAIC Panel Eyes Broader Suitability Model
State regulators are moving ahead with efforts to strengthen the marketing rules that protect young annuity purchasers.
The Life Insurance and Annuities Committee, an arm of the National Association of Insurance Commissioners, Kansas City, Mo., has voted unanimously to expose an amended version of the Senior Protection in Annuity Transactions model regulation for public comment. The amended version replaces references to "seniors" with the word "consumers."
NAIC Panel Eyes Broader Suitability Model
Source: National Underwriter (subscription required)
The Life Insurance and Annuities Committee, an arm of the National Association of Insurance Commissioners, Kansas City, Mo., has voted unanimously to expose an amended version of the Senior Protection in Annuity Transactions model regulation for public comment. The amended version replaces references to "seniors" with the word "consumers."
NAIC Panel Eyes Broader Suitability Model
Source: National Underwriter (subscription required)
Permalink posted by armandn @ 8:15 AM 
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