One of the last states to resist banking's aggressive push into annuities sales, Florida is about to open its doors to what banks expect will be one of the country's richest markets for insurance products.

Spurred by the U.S. Supreme Court's January decision in the Valic case, Florida insurance regulators have dropped their fight to limit bank sales of annuities.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.