Iowa commissioner: DOL regulators ‘misunderstand’ state annuity rules
December 8, 2023 by John Hilton
Department of Labor staff have said they met with state regulators and understand the NAIC best-interest annuity rules that have been adopted by 40 states.
Iowa Insurance Commissioner Doug Ommen is unconvinced.
“That just simply is not accurate,” he said.
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Originally Posted at InsuranceNewsNet on December 7, 2023 by John Hilton.
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