NEW YORK - Despite the appearance of some hiccups, a senior annuity sales suitability model regulation will be approved in time for the fall meeting of the National Association of Insurance Commissioners (NAIC) of Kansas City, Mo.

Merwin Stewart, chairman of the life insurance and annuities committee and commissioner of the Utah Insurance Department, affirmed the committee's plans during a summary session here at the summer meeting of the NAIC.

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