The NAIC has revised the
Suitability in Annuity Transactions Model Regulation #275 to require that all recommendations by insurers and agents act in the customers best interest, not to place their financial interest ahead of the consumers.
Blue Cross Blue Shield / In-home Medical Care
Landmark Health and Blue Cross Blue Shield of Rhode Island announce their
collaboration to bring in-home medical care to members with multiple, complex chronic conditions helping to lower mortality rates, costs, ER visits, and hospitalizations.
American National / Indexed Products
American National launches
two new indexed products. The ANICO Strategy Indexed Annuity (ASIA) PLUS 7 and 10 includes flexible premiums and a new index strategy, and their new Signature Performance Indexed Universal Life (IUL) includes new crediting strategies and accelerated benefit riders.
Sammons Financial / Indexed Universal Life
Members of Sammons Financial,
North American Company and
Midland National, both launch new indexed universal life products which build cash value quickly and ensuring beneficiaries are covered.
