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 ...

A National Association of Insurance Commissioners committee will decide in mid-December whether to adopt a new model for annuity sales suitability.Meeting at the NAIC's winter national meeting, the ...

In our recent webinar, members of the Eversheds Sutherland Insurance Practice Group discussed noteworthy developments from the National Association of Insurance Commissioners (NAIC) Fall National ...

Suitability in the sale of annuity products has been a topic of state regulation since at least 2003 - well before the federal focus on “Best Interest.” State insurance regulators have overseen the ...

CFPs who sell annuities are subject to a tougher fiduciary standard, as well as the National Association of Insurance Commissioners (NAIC) suitability model regulation, the CFP Board said in new guide ...

The best-interest model of annuity transactions promoted by the National Institute of Insurance Commissioners has gained additional support in Indiana. The Indiana Department of Insurance is adopting ...