Commissioner Races Could Shape Sales Standards Debate
November 6, 2018 by Allison Bell
California voters will get to decide today on whether to bring their old Republican insurance commissioner back as an independent, or make a Democratic candidate with little insurance experience their new commissioner.
Voters will also be electing insurance commissioners in Georgia, Kansas and Oklahoma.
Commissioners in all of these states could play a major role in shaping efforts at the National Association of Insurance Commissioners to develop new life insurance and annuity sales and marketing standards proposals, and other regulatory proposals.
Because California is such a large market in its own right, the winner of the race there could play an especially prominent role in sales standards efforts.
Click HERE to take a look at the four states’ insurance commissioner races.