Washington State Office of the Insurance Commissioner
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Independent Review Decisions
Order 21-0651
Order Summary
$10,000 fine levied for accepting 87 annuity applications from 5 producers who had not completed the required annuity suitability training. WAC 284-17-220; WAC 284-17-265(5); WAC 284-17-390(7)(a); WAC 284-17-390(7)(b); RCW 48.05.140(1); RCW 48.05.185.
Entities Named in the Order
Entity Name
Location
JACKSON NATIONAL LIFE INSURANCE COMPANY
LANSING, MI
Order Documents
Order Type
Issue Date
Effective Date
Consent Order with Fine
10/29/2021
11/30/2021
The order has been stayed pending an administrative hearing. Enforcement of the order is put on hold or “stayed” until the end of the hearing process. To find more information about hearings, visit our
administrative hearings
page.