NAIFA Blog

A Message to Members and Your Clients: NAIFA has Your Back

September 28, 2017

Dear NAIFA member,   Tax season may not begin until next year, but we have officially entered tax-reform season. The White House and Republican leaders in Congress yesterday released their “ Unified Framework for Fixing Our Broken Tax Code ,” which establishes guiding principles for congressional tax-writing committees tasked with drafting legislation in the months to come.   It is times like these that NAIFA’s advocacy efforts switch into high gear, and NAIFA members like you r...

NAIFA Applauds Senior $afe Act of 2016

June 15, 2016

The U.S. House Committee on Financial Services is considering the Senior $afe Act of 2016 ( H.R. 4538 ) in a markup session today. The bill would allow insurance and financial advisors to report suspected cases of financial fraud involving senior clients while limiting advisors’ liability when they act in good faith to protect their clients from potential fraud.   NAIFA President Jules Gaudreau made the following statement in a letter of support to the committee:   The National Associ...

PACE Act Turns NAIFA’s Advocacy Spotlight to the States

October 16, 2015

As the NAIFA Blog noted last week , the Protecting Affordable Coverage for Employees (PACE) Act has been signed into law. The PACE Act modifies the Affordable Care Act so that “small employers” may remain defined as businesses with 50 or fewer employees. Under the ACA, beginning January 1, 2016, “small employer” would have been redefined as a business with 100 or fewer employees. However, the PACE Act still gives individual states the prerogative to redefine a “small employer” as one with ...

NAIFA Continues Its 125-Year Legacy of Advocating for Advisors and Their Clients

June 18, 2015

The National Association of Life Underwriters was founded 125 years ago today, June 18, 1890, in Boston as an advocacy organization for insurance agents.   Those first NALU members came together with the aim of promoting regulations that would protect the integrity of the insurance industry and root out unscrupulous agents who could give insurance a bad reputation with consumers.   While changing its name along the way, NAIFA has remained committed through the years to advocating for ...

Troubled ACA CoOp Suspends Agent Commissions

February 4, 2015

Recent developments regarding health insurance Co-Ops established under the Affordable Care Act (ACA) appear to be encountering financial difficulties, which could be of significant concern to NAIFA members and their clients. One particular Co-Op in Iowa, which was heading towards insolvency, has had all agent commission payments suspended by the Iowa insurance department.   ACA Co-Ops are designed to be private non-profit insurers which underwrite ACA-compliant plans and are entities own...