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U.S. Life Expectancy Drops for 3rd Consecutive Year

November 29th, 2018|0 Comments

In 2017, according to the Center for Disease Control and Prevention's National Center for Health Statistics (NCHS), the average American could expect to live 78.6 years.  That's a shorter life expectancy than in 2016 and [...]

NAIC “Enhanced” Annuity Suitability Draft Has Its Critics

October 30th, 2018|0 Comments

An NAIC working group has developed a draft regulation imposing tougher annuity suitability standards, but the proposal doesn't go nearly far enough for some interested parties, including a consumer representative who often weighs in critically [...]

NAIC Annuity Suitability Group is “Deeply Split” over In-Force Policy Issue

October 23rd, 2018|0 Comments

The National Association of Insurance Commissioners (NAIC) Annuity Suitability Working Group--which is plodding its way through creation of an enhanced suitability regulation for annuities--is divided on whether to apply the tougher standards to in-force transactions.  [...]

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