Dear Distribution Partner,
Important: Ohio Adopts NAIC’s New Best Interest Regulations
As many of you know, the National Association of Insurance Commissioners (NAIC) adopted the revised model suitability regulation last year to incorporate best interest requirements. Ohio is the latest state to adopt the revised model regulation, effective August 14, 2021. Additional states are likely to adopt the revised regulation in the months ahead.
Note that required training in Ohio must be completed prior to August 14, 2021.
F&G is rolling out enhancements designed to address these new requirements where applicable. Click below to read the full announcement to find out what you need to know about these enhancements, and what we’ve shared with agents licensed to do business in Ohio.