Iowa Adopted New Suitability in Annuity Transactions Model Regulation (# 275)
Iowa Insurance Commissioner, Doug Ommen, has issued Bulletin 21-01 informing All Insurance Companies and Producers Selling Annuities Products In Iowa. The new Annuity ‘Best Interest’ Regulation, 191 IAC 15.72 covers all annuity transaction on or after January 1, 2021. The bulletin informs companies to make good faith efforts to comply by December 31, 2021. On […]
Iowa Adopted New Suitability in Annuity Transactions Model Regulation (# 275) Read More »