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December 10, 2018
Print Version of Dec. 10 ICI
Print this file for text of articles in the current issue....
New York Imposes $240,000 Fine for Faulty Annuity Replacements
Regulators had issues with National Integrity Life replacing deferred annuity contracts with immediate annuity contracts....
Washington Offers Captives Partial Premium Tax Forgiveness
The window to self-report and pay reduced fines and taxes opens Jan. 1, 2019 and closes June 30, 2020....
Variable Annuities Continue to be a Concern During FINRA Exams
One particular exam finding occurs when a registered representative deals directly with an insurance company....
New York Begins Implementing Principle-Based Reserving for Life Insurers
The new financial requirements will become effective Jan. 1, 2020....
Insurance Regulations, Bulletins & Legislation – Dec. 10, 2018
Our exclusive roundup of recent regulatory developments and legislation....