NAIFA Blog

America’s Life Insurers and Financial Advisors Promote Financial Wellness at May 15 Washington Events

May 13, 2019

From the streets of D.C. to the hallways of Congress, America’s life insurance advisors and companies will show their support May 15 for policies and programs that bolster financial security and promote financial wellness for all Americans.   The day begins at 8 a.m. with the 38 th running of the American Council of Life Insurers (ACLI) Capital Challenge , a three-mile road race in Anacostia Park that attracts members of Congress, high-ranking Administration officials, federal judges,...

NAIFA Supports Legislation to Protect Senior Investors

May 2, 2019

NAIFA applauds the U.S House of Representatives on the passage of H.R. 1876, the Senior Security Act of 2019. The legislation passed by the House on April 30 and was referred to the Senate Banking Committee on May 1. It establishes an interdivisional task force at the Securities and Exchange Commission to investigate continuing issues facing senior investors. The task force will work with government authorities to formulate recommendations to Congress that will address areas where more protec...

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NAIFA Comments on Selling Health Insurance Through State Compacts

May 2, 2019

NAIFA President Jill Judd recently submitted a comment letter to the federal Centers for Medicare and Medicaid Services on proposals that would allow state Health Care Choice Compacts to sell insurance coverage across state lines. Judd wrote that NAIFA "generally supports proposals that aim to increase consumer choice, lower premiums, and foster greater competition in the health insurance market" for individuals and groups. However, NAIFA is concerned that consumer protections under the ...

NAIFA Members to Convene for Congressional Conference

April 23, 2019

Insurance and financial advisors to convene for advocacy briefings, meetings with lawmakers on Capitol Hill   Sen. Chuck Grassley, Rep. Jackie Walorski to address NAIFA members during annual Congressional Conference May 14-15 at the Marriott Renaissance in Washington   Washington – The National Association of Insurance and Financial Advisors (NAIFA) will convene its seventh annual Congressional Conference , bringing together more than 500 financial professionals from all 50 sta...

NAIFA discusses 'best interest' standards with SEC Chair

April 17, 2019

NAIFA Past-President Paul Dougherty, along with representatives of the NAIFA government relations team, met with SEC Chairman Jay Clayton and key SEC staff April 15 to discuss the SEC’s proposed Regulation BI. Reg BI would put in place an enhanced standard of care for broker-dealers and their registered reps, requiring them, when making recommendations  regarding securities transactions, to act in the best interests of their clients without putting their own interests ahead of the custome...

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