NAIC Working Group Working OT To Finalize Annuity Sales Rules
July 2, 2019 by John Hilton
An insurance commissioners’ working group is accepting a new round of comments through July 10 and scheduled two 90-minute conference calls in a bid to finalize an annuity sales rule.
The National Association of Insurance Commissioners hosts their summer meeting in Manhattan Aug. 3-6. It would appear that the Annuity Suitability Working Group is trying to get its rule done by that date.
The group scheduled conference calls today on July 23 and July 29. The working group chairwoman, Jillian Froment, director of the Ohio Department of Insurance, said comments will be accepted through July 10 on these questions: