Ohio National: We Can Legally Terminate Selling Agreements

February 6, 2019 by John Hilton

Ohio National is asking a federal court to dismiss a lawsuit challenging its controversial decision to terminate trail commissions on variable annuities.

The insurer bases its defense on the word “and.”

In its request for summary judgment in the lawsuit filed by Veritas Independent Partners, a broker-dealer, Ohio National attorneys cite the selling agreement:

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Originally Posted at InsuranceNewsNet on February 5, 2019 by John Hilton.