Industry pushes back on linking ‘financial strength’ to annuity illustrations
August 25, 2026 by John Hilton
State insurance regulators are currently debating multiple options to restrict how annuity products are marketed to consumers. However, an intriguing clause within the drafting language drew attention from industry.
The Life Insurance and Annuities Illustrations Working Group is tinkering with Model Regulation #245, which governs annuity illustrations, although it has only been adopted by about 10 states.
Originally Posted at InsuranceNewsNet on Aug 19, 2026 by John Hilton.
Categories: Industry Articles