Thursday, July 09, 2009

 

NY: Department to Hold Four Hearings on Suitability of Life, Annuity Sales

Is new oversight or regulation required to protect consumers now that purchases of life insurance and annuity contracts have become increasingly complex financial transactions? The New York State Insurance Department will hold four public hearings across the state to help find out, Acting Insurance Superintendent Kermitt Brooks announced today...

NYSID: NY: Department to Hold Four Hearings on Suitability of Life, Annuity Sales

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