New Hampshire Insurance Department Announces Adoption of Enhanced Consumer Protections in Annuity Transactions

NH | The New Hampshire Insurance Department announced today the adoption of the National Association of Insurance Commissioners’ (NAIC) revised Model 275 for Suitability in Annuity Transactions, marking a significant step toward bolstering consumer safeguards in the state’s insurance market. Through revisions to INS 305, New Hampshire reaffirms its
commitment to prioritizing consumer interests and aligning with best practices established by other states and becomes the 42nd state to adopt this language.

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