House Insurance Committee

First, on behalf of the team at ZHF Consulting, thank you for the opportunity to represent NAIFA-Ohio before the General Assembly and the Ohio Department of Insurance. It is our honor to be tasked with promoting the work of NAIFA-Ohio members and make sure decision makers in state government know about the positive impact the men and women of NAIFA-Ohio make on their communities.

The Ohio Department of Insurance has finalized a rule based on the National Association of Insurance Commissioners’ updated Suitability in Annuity Transactions Model that requires financial professionals to work in the best interests of consumers on annuity transactions. The new rule goes into effect in Ohio on Feb. 14.