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NAIC Moves Forward with New Approach to Annuity “Suitability”
State regulators on the NAIC Annuity Suitability Working Group--which is charged with revamping the NAIC's model annuity suitability regulation in light of growing interest in "best interest" standards--will meet in Chicago on October 22-23. The [...]
The DOL Fiduciary Duty Rule Is Dead
On June 21, the 5th Circuit Court of Appeals issued a mandate that made effective the Court's March 15 decision vacating - in full - the Department of Labor (DOL) fiduciary duty rule. The mandate [...]
Life Agents to DFS: Suspend Reg 187 Effort So All Parties Can Discuss Issues, Ideas
Life Agents to Regulators: Slow Down So We Have a Chance to Chat - NAIFA-NYS Advocating DFS to Suspend Reg 187 Effort Until All Interested Parties Can Roundtable Issues and Ideas Albany, New York, [...]
GMR Legislative Breakfast: A Real Eye-Opener
The Greater Metro Region (GMR) is rebuilding itself after years of struggle, and the latest GMR legislative event, held on June 1 in Uniondale, proved that, slowly but surely, GMR members are coming back. The [...]