The Big I And PIANY File Lawsuit Against New York Best-Interest Reg
November 22, 2018 by John Hilton
The Big I and the Professional Insurance Agents of New York filed a lawsuit today against the best-interest regulation approved by New York officials this summer.
New York finalized its best-interest standard in July for both annuity and life insurance sales. The state’s 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 November 16, 2018 by John Hilton.
Categories: Industry Articles