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 →
As of 2020, Annuity Suitability training that includes the “Best Interest Standard” became a mandated training requirement for any insurance producer who sells, solicits, or negotiates an annuity product. This requirement was outlined in the NAIC 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 →
Effective: April 1, 2024 The State of Vermont is updating its delivery methods for Continuing Education for Workers’ Compensation Adjusters. Current Rule: Workers’ Compensation Adjusters must complete in-person continuing education to complete their license renewal requirements. New Rule: The Vermont…Continue Reading →
Oregon has adopted the new Annuity Best Interest training requirement. Effective January 1, 2024, Oregon SB 536 (2023) – Sales of Annuities – Insurance producer training includes the “Best Interest Standards” training requirement. Licensed insurance producers who hold a life…Continue Reading →
