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    • California Commissioner Discusses His Vote for the Suitability Model

    February 19, 2020 by Allison Bell

    California Insurance Commissioner Ricardo Lara has expressed concerns about the National Association of Insurance Commissioners’ new suitability model update, but — unlike New York state’s  top insurance regulator — he voted for it.

    Lara talked about his views on the NAIC’s revised Suitability in Annuity Transactions Model Regulation (Model Number 275)  Thursday, in a statement.

    Click HERE to read the full story via ThinkAdvisor

    Originally Posted at ThinkAdvisor on February 14, 2020 by Allison Bell.

    Categories: Industry Articles
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