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Ohio National broker pitched VA trades as ‘infinite banking’: Finra
The B-D's $1.3 million settlement with the regulator involves its failure to supervise adequately a complex series of transactions involving variable annuities and whole life insurance policies.
Ohio National fends off VA trail commission suit, others remain
The insurer recently won a long-running case brought by several brokers, though it is fighting several other suits from broker-dealers.
Raymond James sues Ohio National for $10 million in VA commission fight
Raymond James is the latest broker to join the tussle over compensation on the insurer's variable annuities
Another broker sues Ohio National over VA commissions
Somerset Securities recently filed a case against the insurer over its 2018 decision to halt trail commissions on certain variable annuity contracts
Ohio National settles with Kestra over VA commissions
The insurer faces one less lawsuit over its termination of trail compensation
Five brokers lose Ohio National lawsuit over annuity commissions
Judge rules the brokers weren't beneficiaries of the selling agreement between the insurer and broker-dealers.
Ohio National to pay $213,000 to insurance agent for breaching contract
A jury found the insurer prevented Elisia Lattimer from recruiting insurance agents to her practice.