March 10, 2011 -- The insurance departments of California and New York issued annuity suitability regulations early this week. In California, the regulations are open for 45 calendar days of public ...

Like Alice, that white rabbit caught our eye and we have tumbled down the rabbit hole. Straight to the bottom. We entered Wonderland, where things are upside down and backwards regarding the ...

State insurance regulators have been working this week on an annuity suitability proposal that could add some red tape but could, possibly, shield you from the effects of other financial services ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Earlier this month, Alabama became the 13th state to adopt enhanced consumer protections for purchasers of annuities, based on a framework put forward by the National Association of Insurance ...

The regulation’s full title is “Suitability and Best Interests in Life Insurance and Annuity Transactions.” In basic terms, the 2018 regulation established a New York-specific best interest standard ...

A new regulation that would have placed more responsibility on life insurers for producers' bad annuity sales has been delayed. The National Association of Insurance Commissioners' new draft of the ...

I have enjoyed reading InvestmentNews for many years because of its straightforward reporting and timely items of interest. I found the article “Iowa insurance regulator faults NAIC suitability ...

Prompted by 80 disciplinary actions over unsuitable annuity sales in the past two years, the NASD last week issued a broad set of rules on how registered reps should sell deferred variable annuities.

While many states are rushing to adopt an annuity sales rule revision, there are still some that are using the National Association of Insurance Commissioners (NAIC) old sales rules and are not likely ...