Choosing a Compliance Partner (and why you should have one)

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Regulatory compliance, risk assessment, and risk remediation for your business can be an overwhelming task. To simplify this process, some agents and advisors choose to partner with a compliance expert. Whether you choose to hire someone in-house or engage with a consultant, you will want to ensure they are right for your practice.  Agents and […]

The Value of a Compliance Self-Assessment for Insurance Advisors

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You might be asking yourself, “why should I spend time on compliance for my practice”? Well, we know that compliance tends to get a bad rap because it is often associated with laws, regulations, enforcement actions, and penalties for those who do not follow the rules. It also takes valuable time, effort,  and resources from […]

Your Four Obligations under NAIC’s “Best Interest” Model Regulation

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Editorial Note: Please note that information in this blog is not meant to address all aspects of the Model Regulation, or any variations in individual state laws or regulations, and should not be considered legal advice. View additional resources, including an FAQ for the Best Interest Model Regulation on DMI’s My Back Office. In February […]