Reasonable Expectations
Reasonable Expectations
- 3. Heard a Federal Update on the Implications of the DOL Fiduciary Rule – Brooke Stringer (NAIC)
- Micah Hauptman (Consumer Federation of America-CFA) said there are gaps in the current regulatory framework.
- He said he does not believe consumers’ reasonable expectations are being met.
- He said the DOL should require a fiduciary duty, regardless of what products are being sold or how they are being sold.
- He said consumers all expect and deserve high quality advice without the taint of conflicts of interest.
- Micah Hauptman (Consumer Federation of America-CFA) said there are gaps in the current regulatory framework.
2022 0407 – 2022-1, NAIC Proceedings – LIAC – Life Insurance (A) Committee
- 1970 – LR – Insurance Law Rights at Variance with Policy Provisions,” 83 Harv.L.Rev. 961, by Robert Keeton