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Insurance groups applaud Missouri for adopting annuity rule
A new rule adopted today by the Missouri Department of Insurance on annuities drew praise from both the American Council of Life Insurers (ACLI) and the National Association of Insurance and Financial Advisors (NAIFA).© Shutterstock The new best interest annuity rule strengthens safeguards for consumers seeking lifetime income through annuities, the groups said. “Today’s actions […] The post Insurance groups applaud Missouri for adopting annuity rule appeared first on Financial Regulation News.
Missouri attorney general asks to dismiss lawsuit a day before scheduled deposition
Missouri Attorney General Andrew Bailey wants to dismiss his lawsuit against Jackson County a day before he was set to answer questions under oath about a potential ethical breach in the case. Bailey, who is suing the county over its property assessment process, on Tuesday asked the Missouri Court of Appeals for the Western District […]