NAIFA’s Unique Franchise…voters, taxpayers, job creators in every state and district.
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| NAIFA Legislative Action Center capwiz.com/naifa |
| May 15, 2009 | Volume 2, No. 8 |
| New Detail on Administration Budget Tax Proposals |
The Obama Administration’s detailed budget proposal, released May 11, includes several new tax proposals that could negatively impact the business of NAIFA members. Read more |
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| NAIFA Meets with Top SEC Official |
Earlier this month NAIFA President Cliff Wilson, NAIFA CEO John Healy and NAIFA Government Relations staff met with Jennifer McHugh, Senior Advisor to Securities and Exchange Commission Chair Mary Schapiro. Read more |
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| Lounds Nominated for Children’s Health Insurance Program Working Group |
AHIA Legislation Committee Chair and Past President Lawrence E. Lounds, CLU, ChFC, LUTCF has been nominated to serve on the newly established Children’s Health Insurance Program (CHIP) Working Group. Read more |
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| Maryland Insurance Department to Consider Commission Disclosure |
NAIFA and NAIFA–Maryland have recently learned that an article from the MD edition of Insurance and Financial Advisor indicates that the state’s Insurance Department will be taking a look at commission disclosure. Read more |
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| Senior Vice President Bill Anderson Represents NAIFA at NAIC E-Reg Conference |
Bill Anderson attended the 2009 NAIC E-Reg Conference which was held from April 27 – April 30 in Kansas City. Read more |
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| Senate Banking Committee Holds Hearing on Institutions “Too Big to Fail” |
The Senate Banking Committee (Chairman Christopher Dodd, D-CT) held a hearing on May 6 titled “Regulating and Resolving Institutions Considered Too Big to Fail.” Read more |
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| StateChat Helps State Associations Share Vital Information |
NAIFA members across the country continue to lead their state associations’ efforts to be actively involved in state legislative and regulatory issues of interest and concern to the membership. Read more |
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| NAIFA Leaders Answer Tough Questions |
In response to questions that NAIFA leadership and staff have been fielding from the Federation, the Executive Committee decided the best way to answer them was a Q&A video addressing current issues important to NAIFA members. Read more |
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Look What People Are Saying: “Great job in communicating my feelings [on insurance regulatory reform.] Couldn't have said it better… Having been in the business 20 years, I've had clients move away. However, we'd established relationships that have continued. Each state is somewhat different in their requirements, so I can see how the situation can be improved…Thanks for working for me.” Have you found ways in which NAIFA GovTalk, GovWatch, and GovAlert publications have been helpful to you and your clients? Can you think of ways in which these communications tools can be more effective for you? Let us know. Contact us at governmentrelations@naifa.org with your thoughts and comments today! |
| Lawmakers Need Better Understanding of Advisor-Client Relationships |
Congress is considering a number of concerning health reform options including replacing the professional service of a licensed professional with a government-run 800 number, developing standardized marketing requirements modeled after Medicare Advantage and establishing rate schedules for broker commissions. Read more |
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| May Advocacy Survey Results |
Which of the following licenses do you hold? NAIFA members answer. Read more |
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Did You Know…? Did you know that there is $20 trillion of life insurance coverage in force today? |
