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Tag Archives: Best Interest Standard
Texas and Virginia have adopted the National Association of Insurance Commissioners (NAIC) revisions to the Suitability in Annuity Transactions Model Regulation (#275) effective September…
The following states recently adopted the new NAIC Best Interest Standard: Maine: January 1, 2022 Montana: October 1, 2021 North Dakota: January 1,…
Compliance required by August 14, 2021 Ohio recently adopted the National Association of Insurance Commissioners (NAIC) revisions to the Suitability in Annuity Transactions…
Michigan, Idaho and Nebraska have adopted the National Association of Insurance Commissioners (NAIC) revisions to the Suitability in Annuity Transactions Model Regulation as…
As you may already know, the NAIC updated its suitability model to include a Best Interest Standard that applies to any sale or recommendation of an…
Compliance required by August 14, 2021 Ohio recently adopted the National Association of Insurance Commissioners (NAIC) revisions to the Suitability in Annuity Transactions Model…
Effective April 1, 2021 Rhode Island has adopted the National Association of Insurance Commissioners (NAIC) revisions to the Suitability in Annuity Transactions Model Regulation…
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