The Montana Commission of Securities and Insurance has just announced updates to continuing education requirements in the state of Montana. Effective October 21, 2023 the requirement for proctored CE course examinations is eliminated. Online CE coursework just became that much…Continue Reading →
The New Best Interest Requirement Effective September 1, 2023, Oklahoma has adopted the Annuity Suitability and Best Interest Standard Model Act (#275). The training requirements are now located in Oklahoma Administrative Code (OAC) 365:25-17-7.1. Licensed insurance producers who hold a…Continue Reading →
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 →
