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    • NAIC Group Confronts Friction, Pushes Ahead On Annuity Standard

    June 6, 2018 by John Hilton

    After an inauspicious beginning, a National Association of Insurance Commissioners’ subcommittee inched closer to an annuity sales standard last week in Kansas City.

    The two-day meeting kicked off acrimoniously when chairman Dean Cameron announced that life insurance would not be considered. James Regalbuto, deputy superintendent for life insurance in New York, was ready.

    The two men had a sharp exchange about whether the NAIC annuity suitability working group could consider life insurance under its “charge.”

    Click HERE to read the full story via INN; subscription required.

    Originally Posted at InsuranceNewsNet on June 5, 2018 by John Hilton.

    Categories: Industry Articles
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