FINRA Sets Rule 2821 Effective Date
By Matt BradyNew suitability guidance for deferred variable annuities requires registered representatives to make a "reasonable effort" to obtain the information need to gauge the suitability of ...
November 04, 2007
Regulators Take Heat At Symposium Over New VA Rule 2821Key provisions of a new variable annuity suitability rule were the focus of sharp questions that attendees addressed to a panel of experts at the ...
November 01, 2007
In Search of a SolutionA cardiologist recently advised a relative to have a certain surgical procedure. Because her husband was in between jobs, they made extra sure they were...
November 01, 2007
On the Front LinesThree's the charm, and so it is with Gary W. Cotter's practice located inside the sunny retirement community of Sun City Center. In a career...
October 30, 2007
Regulators Announce Seminar Consent OrderThe Utah Division of Securities has imposed a $100,000 fine on an insurance agent.
October 01, 2007
Lesson 9: Moral HazardOne of the theoretical foundations of modern insurance pricing is a principle called "moral hazard." It lies at the heart of many actuarial models, is...
September 01, 2007
The New RidersI had the opportunity to hang out with a group of variable annuity wholesalers at a recent broker conference. While they all tried to outdo...
August 24, 2007
Experts: International Accounting Changes Could StingU.S. insurers should be working to shape and preparing to accommodate new European insurance accounting rules.Insurance accounting experts made that case in discussions of a ...