NAIC Focuses On Proprietary Indices In Annuity Illustration Changes

August 13, 2018 by John Hilton

State insurance commissioners are getting closer to final rule revisions allowing insurers to illustrate indexed annuities using indices that have been around less than 10 years.

The Annuity Suitability Working Group wrapped up a comment period July 1 on revisions to Annuity Disclosure Model Regulation 245. The group is a National Association of Insurance Commissioners committee.

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Originally Posted at InsuranceNewsNet on August 10, 2018 by John Hilton.