NAIC Giving States The Answers
September 7, 2021 by John Hilton
Insurance regulators are having substantial success in pushing to get states to adopt a best-interest update to annuity sales rules.
Whether it is enough success and happening fast enough is yet to be determined.
As of press deadline, at least 15 states had adopted some form of the new NAIC update to the Suitability in Annuity Transactions rule.