The New Best Interest Requirement Massachusetts Division of Insurance recently adopted 211 CMR 96.00 Suitability in Annuity Transactions. Licensed insurance producers who hold a life insurance line of authority in Massachusetts and want to sell annuities on or after June…Continue Reading →
The New Best Interest Requirement The Alaska Division of Insurance recently adopted RA22-01 modifying the existing training requirement for Alaska Suitability in Annuity transactions. The order goes into effect on November 23, 2022 and requires that all licensed insurance producers…Continue Reading →
On Wednesday, November 16, 2022, the Hawaii Insurance Division is going live on State Based Systems (SBS), a web-based NAIC application that supports state insurance regulation functions. You are can review this SBS flyer to learn how this transition affects…Continue Reading →
On Wednesday, September 14, 2022, the Idaho Department of Insurance went live on State Based Systems (SBS), a web-based NAIC application that supports state insurance regulation functions. Idaho encourages you to review their flyer to learn how this transition affects…Continue Reading →
The New Best Interest Requirement Hawaii DCCA recently updated their requirements for Suitability in Annuity Transactions as a result of HB No. 2111. The regulation states that licensed insurance producers who hold a life insurance line of authority in Hawaii…Continue Reading →
