NAIFA-CA URGES LAWMAKERS TO AMEND BILL THAT WOULD HARM LIFE INSURANCE PRODUCERS AND CONSUMERS

March 21, 2023 by NAIFA CA

NAIFA’s California chapter is holding its annual Legislative Day in Sacramento on March 29. The event will feature visits with lawmakers by NAIFA-CA members, during which they will discuss SB 263, a legislative proposal that in its current form would harm the ability of insurance agents and brokers to serve the public. 

SB 263 is simply unworkable and it discriminates against the agency distribution system. SB 263 would subject insurers and producers to an unclear sales standard, as well as add confusing and costly disclosures that do not benefit consumers and are simply a litigation trap. 

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Originally Posted at NAIFA on March 17, 2023 by NAIFA CA.