NAIC Model Regulation 275 requires sales process changes
Attention New Mexico, Wisconsin, and Maryland producers NAIC Model Regulation 275 requires sales process changes In New Mexico and Wisconsin: EFFECTIVE DATE: Oct. 1, 2022 and TRAINING REQUIRED BY: Apr. 1, 2023 In Maryland: EFFECTIVE DATE: Oct. 8, 2022 and TRAINING REQUIRED BY: Apr. 8, 2023 For all new business written in New Mexico, Wisconsin, and Maryland, a new annuity standard of care rule becomes effective on the dates listed above. This new “best interest” […]