Annuity Regulatory
  Compendium
              -    An Annuity Regulatory Resource

 

Gorilla’s Analysis: 2008 Annuity Legislation

   2008 Quick Reference Guide

State

Bill Number or Reg. Cite

Topic

Status

Alabama

SB 75 and HB 224

Interstate Ins. Product Regulation Compact

Pending

 

Arizona

HB 2387

Effect of annuities in “aid of dying”

Pending

 

HB 2487

Annuities exempt from creditors

Pending

Arkansas

SB 178

External- Indexed Contract Guidelines

In effect

California

AB 267

Annuity transaction

Up from Committee on 2/1/08; filed with chief clerk pursuant to Joint Rule 56

 

AB 1271

Annuity and replacement

Up from Committee on 2/1/08; filed with chief clerk pursuant to Joint Rule 56

 

AB 2150

Insurance Sales Designations

Pending

 

SB 739

Life and annuity transactions

Vetoed

 

SB 1434

Interstate Ins. Product Regulation Compact

Pending

Colorado

HB09-1228

Financial Responsibility for Unfair business practices in the sale of insurance

Pending

Connecticut

SB 155

Seniors and variable annuities

Pending

 

SB 169

Protects annuity proceeds from creditors

Pending

 

HB 5158

 Insurance producer’s license and suitability

 Pending

District of Columbia

B17-0254

Interstate Ins. Product Regulation Compact

Pending (inactive)

Florida

HB 1003 and

SB 2082

Unfair trade practices, suitability and CE

Pending

Hawaii

HB 273

Protection in Annuities

Pending (from 07)

Idaho

HB 411

NAIC amended suitability model regulations

Pending

Illinois

HB 676

Interstate Ins. Product Regulation Compact

Pending

State

Bill Number or Reg. Cite

Topic

Status

Alabama

SB 75 and HB 224

Interstate Ins. Product Regulation Compact

Pending

 

Arizona

HB 2387

Effect of annuities in “aid of dying”

Pending

 

HB 2487

Annuities exempt from creditors

Pending

Arkansas

SB 178

External- Indexed Contract Guidelines

In effect

California

AB 267

Annuity transaction

Up from Committee on 2/1/08; filed with chief clerk pursuant to Joint Rule 56

 

AB 1271

Annuity and replacement

Up from Committee on 2/1/08; filed with chief clerk pursuant to Joint Rule 56

 

AB 2150

Insurance Sales Designations

Pending

 

SB 739

Life and annuity transactions

Vetoed

 

SB 1434

Interstate Ins. Product Regulation Compact

Pending

Colorado

HB09-1228

Financial Responsibility for Unfair business practices in the sale of insurance

Pending

Connecticut

SB 155

Seniors and variable annuities

Pending

 

SB 169

Protects annuity proceeds from creditors

Pending

 

HB 5158

 Insurance producer’s license and suitability

 Pending

District of Columbia

B17-0254

Interstate Ins. Product Regulation Compact

Pending (inactive)

Florida

HB 1003 and

SB 2082

Unfair trade practices, suitability and CE

Pending

Hawaii

HB 273

Protection in Annuities

Pending (from 07)

Idaho

HB 411

NAIC amended suitability model regulations

Pending

Illinois

HB 676

Interstate Ins. Product Regulation Compact

Pending

State

Bill Number or Reg. Cite

Topic

Status

Alabama

SB 75 and HB 224

Interstate Ins. Product Regulation Compact

Pending

 

Arizona

HB 2387

Effect of annuities in “aid of dying”

Pending

 

HB 2487

Annuities exempt from creditors

Pending

Arkansas

SB 178

External- Indexed Contract Guidelines

In effect

California

AB 267

Annuity transaction

Up from Committee on 2/1/08; filed with chief clerk pursuant to Joint Rule 56

 

AB 1271

Annuity and replacement

Up from Committee on 2/1/08; filed with chief clerk pursuant to Joint Rule 56

 

AB 2150

Insurance Sales Designations

Pending

 

SB 739

Life and annuity transactions

Vetoed

 

SB 1434

Interstate Ins. Product Regulation Compact

Pending

Colorado

HB09-1228

Financial Responsibility for Unfair business practices in the sale of insurance

Pending

Connecticut

SB 155

Seniors and variable annuities

Pending

 

SB 169

Protects annuity proceeds from creditors

Pending

 

HB 5158

 Insurance producer’s license and suitability

 Pending

District of Columbia

B17-0254

Interstate Ins. Product Regulation Compact

Pending (inactive)

Florida

HB 1003 and

SB 2082

Unfair trade practices, suitability and CE

Pending

Hawaii

HB 273

Protection in Annuities

Pending (from 07)

Idaho

HB 411

NAIC amended suitability model regulations

Pending

Illinois

HB 676

Interstate Ins. Product Regulation Compact

Pending

State

Bill Number or Reg. Cite

Topic

Status

Alabama

SB 75 and HB 224

Interstate Ins. Product Regulation Compact

Pending

 

Arizona

HB 2387

Effect of annuities in “aid of dying”

Pending

 

HB 2487

Annuities exempt from creditors

Pending

Arkansas

SB 178

External- Indexed Contract Guidelines

In effect

California

AB 267

Annuity transaction

Up from Committee on 2/1/08; filed with chief clerk pursuant to Joint Rule 56

 

AB 1271

Annuity and replacement

Up from Committee on 2/1/08; filed with chief clerk pursuant to Joint Rule 56

 

AB 2150

Insurance Sales Designations

Pending

 

SB 739

Life and annuity transactions

Vetoed

 

SB 1434

Interstate Ins. Product Regulation Compact

Pending

Colorado

HB09-1228

Financial Responsibility for Unfair business practices in the sale of insurance

Pending

Connecticut

SB 155

Seniors and variable annuities

Pending

 

SB 169

Protects annuity proceeds from creditors

Pending

 

HB 5158

 Insurance producer’s license and suitability

 Pending

District of Columbia

B17-0254

Interstate Ins. Product Regulation Compact

Pending (inactive)

Florida

HB 1003 and

SB 2082

Unfair trade practices, suitability and CE

Pending

Hawaii

HB 273