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2 min read

NAIFA Welcomes New Member Nick Romo

By Ronan Friend on 3/18/22 5:43 AM

Nicholas “Nick” Romo knows the impact life insurance can have and works to protect families every day.

Romo didn’t start out in the insurance and financial services industry, but he was drawn to it by two factors. First, he saw two of his friends who opened successful insurance offices. They were helping people who weren’t being served by large investment companies, and he knew that he, too, could make a difference. Second, he saw the real-life effects of not having insurance, as several family members passed away unexpectedly without life insurance—or without enough coverage. He knew that, if they had been covered, it would have been much easier for their families. “I thought it could be my role to help people in those situations,” he says.

Topics: Life Insurance & Annuities Member Spotlight New Member Profile Membership Insurance
1 min read

NAIFA-NY Responds to Latest Life Product Departure

By NAIFA-New York on 8/11/21 11:03 AM

In the latest departure of life insurance products, Lincoln Financial pulled new sales of both term and universal life policies from New York until an electronic signature process could be implemented. 

Topics: Life Insurance & Annuities State Advocacy New York
1 min read

New York Annuity Transaction Rules Follow the NAIC Model

By NAIFA on 10/30/20 1:49 PM

New York is one of three states to have implemented annuity transactions rules for producers that create a best interest standard in line with the National Association of Insurance Commissioners’ (NAIC) Suitability in Annuity Transactions Model Regulation. NAIFA is urging other states to adopt the NAIC model, which would enhance consumer protections while ensuring agents and advisors are able to effectively continue serving consumers in New York.

Topics: Life Insurance & Annuities State Advocacy

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