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Florida annuity proposal worries insurance industry

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As Florida weighs proposed legislation that could make it easier to toss annuity salespeople into prison, agents and the insurance industry are rallying to fight the bill.

Florida''s Senate Banking and Insurance Committee voted in favor of the proposed legislation, the Safeguard our Seniors Act, March 10. The three Democrats and six Republicans on the committee unanimously approved the measure, putting it two steps away from being taken up by the full Senate.



Added on: Tue Mar 24, 2009 10:56 am by : simon
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