New York State Revises Best-Interest Reg For Annuities, Life Insurance
May 4, 2018 by John Hilton
New York State officials are pushing ahead with a revised best-interest amendment that applies to annuities and life insurance.
State officials recently published an updated rule reflecting several changes produced from a 60-day comment period. The best-interest regulation is considered one of the toughest in the country, one that New York officials are lobbying the National Association of Insurance Commissioners to endorse.
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Originally Posted at InsuranceNewsNet on May 3, 2018 by John Hilton.
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