California adds the “Best Interest” standards for their 8-hour and 4-hour annuity training courses beginning January 1, 2025. All California agents selling, soliciting or negotiating annuity products must complete the new 8-hour training by July 1, 2025. This applies to…Continue Reading →
Florida Governor Ron DeSantis has declared a state of emergency for many Florida counties after Hurricane Helene and Hurricane Milton hit many parts of the state. Chief Financial Officer of Florida Jimmy Patronis issued the following Emergency Order: You can…Continue Reading →
The aftermath of Hurricane Helen continues to impact several eastern states with millions without power, cities under water and roads washed away. FEMA has declared a national emergency and is working with local agencies to recover parts of Alabama, Florida,…Continue Reading →
Louisiana becomes the 45th state to adopt the NAIC’s (4) hour annuity training for all licensed producers selling, soliciting or negotiating annuities products. Louisiana has had an annuities requirement since 2012 but recently updated Regulation 89 Suitability in Annuity Transactions…Continue Reading →
Vermont has adopted the new Annuity Best Interest training requirement for all licensed life producers. Effective July 5, 2024, Regulation I-2023-01 Suitability in Annuity Transactions applies to all Vermont insurance producers who transact annuity products. Following the NAIC standards and…Continue Reading →
