National Association of Insurance and Financial Advisors

NAIFA Continues Work on Senior Protection as FINRA Files Financial Exploitation Rule

October 21, 2016

FINRA has filed its anticipated rule that should help brokers and advisors protect senior investors from financial fraud. NAIFA has provided input during the rule-making process, including submitting a comment letter on an initial draft of the provision. NAIFA is reviewing the current filing, which must be approved by the SEC before it goes into effect, but generally supported the earlier draft.   “Insurance and financial advisors are often the first to recognize the signs when a seni...

More Health Carriers Exit the Individual Health Insurance Market Leading to Fewer Choices for Consumers and Lower Commissions for Advisors

October 7, 2016

Some of the largest health insurers have decided to withdraw from selling individual market health insurance policies in a number of states to mitigate significant financial losses they have incurred while offering these plans. Most recently, Blue Cross Blue Shield of Nebraska announced it would not sell exchange plans in 2017 . This has left consumers with limited health insurance options and resulted in many policyholders having to obtain other coverage as a result of discontinued plans. ...

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NAIFA Legislative Forum

October 5, 2016

NAIFA held its annual Legislative Forum at this year's Performance + Purpose conference. The NAIFA government relations staff and consultants provided insight and analysis on issues facing NAIFA members and their clients. Following is a transcript of the Forum with embedded videos containing additional commentary. ( To download these videos, click here. ) Diane Boyle, NAIFA Senior Vice President of Government Relations: One of the many benefits NAIFA provides is protecting your busin...