OPINION: Is New York’s Dept of Insurance Discriminating Against the Middle Market? – Living Benefit Review

August 8, 2023 by Ramona Neal, CLU, CHFC, CLTC, REBC

Regulators by by definition lead by authority. With New York’s Department of Financial Security, (fka: New York Department of Insurance), we have seen them exercise dominion for decades. It reminds me of a chokehold. 

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Wink’s Moore on the Market: New York state definitely makes it hard to have choices when it comes to life insurance and annuities. Have you ever contemplated joining the IIPRC/Compact?

I agree that something needs to change in New York. There HAS TO be a better way. -sjm

Originally Posted at Living Benefit Review on July 31, 2023 by Ramona Neal, CLU, CHFC, CLTC, REBC.