Calif. insurance dept. slammed on alleged failure to provide annuity sales complaint data
November 21, 2024 by Rayne Morgan
The Life Insurance Consumer Advocacy Center has taken issue with the California Department of Insurance’s refusal to provide consumer complaint data related to new annuity sales legislation.
Brian Brosnahan, co-founder and executive director, LICAC, asserted his group has a “legal right” to the information, which they have been requesting for months without success.
“We are hopeful that public interest in the issue will cause them to change their stance, which has no justification at all.
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Originally Posted at InsuranceNewsNet on November 15, 2024 by Rayne Morgan.
Categories: Industry Articles