Teresa Miller spoke at the Foxdale Village Retirement Community, urging people to understand their finances. Pennsylvania Insurance Commissioner Teresa Miller spoke to seniors at the Foxdale Village Retirement Community located in State College. Miller focused on the importance for consumers, especially seniors, to take the time to understand annuities. She said this was vital to enabling them to protect their retirement incomes. The insurance commissioner spoke about how people should be educating themselves about this important point. “Annuities are designed as long term investments to provide income over a period…
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Insurance marketing warning issued by state of Iowa
An official agency has now released a statement cautioning consumers of potentially deceptive ads. The Iowa Insurance Division has now released a warning to the residents of the state, cautioning them that certain insurance marketing and ads for annuities may have potentially deceptive messages. The agency has been watching a growing number of marketers that work with the industry using misleading ads. The insurance marketing strategies used by those firms are becoming misleading on an increasing basis, said the agency in a bulletin, in the attempt to try to boost…
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