In case you missed it, last week New Hampshire became the 43rd state to adopt the best interest of consumer enhancements in the National Association of Insurance Commissioners (NAIC) Suitability in Annuity Transactions Model Regulation.
We invite you to view the press release issued by American Council of Life Insurers (ACLI) President and CEO Susan Neely and NAIFA-New Hampshire Past President Dawn Chambers.
The State of New Hampshire Insurance Department issued a press release on the adoption of the policy as well, which includes clarifications and guidance on the rule's new training requirements.