American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors NAIFA-Florida President Jeff Chernoff issued the following joint statement on legislation signed into law in Florida that strengthens protections for annuity consumers:
3 min read
Florida Governor Signs Enhanced Protections For Annuity Consumers Into Law
By NAIFA on 5/25/23 1:09 PM
Topics: Legislation & Regulations Financial Literacy Florida
3 min read
NAIFA Recognizes Senator Tim Scott as a Former Insurance Agent and NAIFA Member Turned Presidential Candidate
By NAIFA on 5/19/23 1:05 PM
NAIFA recognizes Senator Tim Scott of South Carolina on the announcement of his campaign to run for President of the United States. Scott is a former NAIFA member and prior to serving in Congress was an insurance and financial services professional who built one of the most successful Allstate agencies in South Carolina.
Topics: Press Release Federal Advocacy Grassroots
1 min read
NAIFA Supports Tax Certainty for Main Street
By NAIFA on 5/18/23 4:40 PM
An important tax deduction for many individual- and family-owned businesses – Section 199A of the Tax Cuts and Jobs Act – is set to expire in just two years. NAIFA strongly supports legislation sponsored by Senator Steve Daines (R-MT) that would make permanent the 20% deduction for pass-through businesses.
Topics: Small Business Taxes Federal Advocacy Supported Legislation
3 min read
NAIFA to Host Over 500 Attendees from Across America at its 10th Annual Congressional Conference
By NAIFA on 5/17/23 3:11 PM
NAIFA will host the 10th annual Congressional Conference May 22-23 in Washington, D.C. The event will feature targeted advocacy training with briefings on legislative issues that affect members’ businesses and the clients they serve. Expert presenters will offer best practices for conducting Congressional meetings and tips for developing impactful long-term relationships with legislators.
Topics: Press Release Federal Advocacy Grassroots Congressional Conference
2 min read
Federal Law Would Bolster Advisors’ Ability to Protect Senior Clients From Financial Fraud
By NAIFA on 5/16/23 12:00 PM
NAIFA strongly supports efforts to prevent the financial exploitation of seniors and vulnerable adults. As trusted and licensed insurance and financial professionals who abide by a Code of Ethics and work in the best interests of their clients, NAIFA members are often ideally positioned to recognize and help prevent financial abuse and exploitation.
Topics: Federal Advocacy Supported Legislation Senior Financial Protection
6 min read
New CMS Rule Sets Medicare Advantage and Part D Marketing Rules
By Mike Hedge on 4/25/23 5:07 PM
The Centers for Medicare and Medicaid Services (CMS) has published its final marketing rule for Medicare Advantage (MA) and Medicare Part D (Part D) plans. Below you can read about key changes that will most impact NAIFA members, as well as some of NAIFA’s concerns that were addressed by CMS.
Topics: Health Care Marketing Medicare Federal Advocacy Insurance & Financial Advisor Regulation
1 min read
SECURE Notarization Bill Introduced in Senate Would Benefit Consumers and Advisors
By Mike Hedge on 4/21/23 9:15 AM
On April 19, U.S. Senators Kevin Cramer (R-ND) and Mark Warner (D-VA) reintroduced the NAIFA-supported Securing and Enabling Commerce Using Remote and Electronic Notarization Act. This bipartisan bill would permit the nationwide use of Remote Online Notarizations (RONs), enabling notaries and signers to complete the process from different physical locations.
Topics: Federal Advocacy Supported Legislation Remote Notarization
2 min read
NAIFA-NC Adds 10 New IFAPAC Contributors
By NAIFA on 4/21/23 8:58 AM
Last month, NAIFA-NC signed up 10 new contributors to NAIFA's political action committee, IFAPAC, in one day. Congratulations to these individuals who joined the ranks of NAIFA members working together to advocate for the individuals, families, and small businesses that make up Main Street USA, and a special thank you to NAIFA-NC IFAPAC Chair Elie Aharon, LACP, LUTCF.
Topics: Advocacy IFAPAC
2 min read
New Law Enhances Protections for Washington State Annuity Consumers
By NAIFA & ACLI on 4/14/23 5:07 PM
American Council of Life Insurers (ACLI) President and CEO Susan Neely and NAIFA-Washington President Karl Kuntz issued the following joint statement on legislation signed into law in Washington that strengthens protections for annuity consumers:
“The new law sponsored by Representative Kristine Reeves, approved by the legislature, and signed by Governor Jay Inslee strengthens protections for consumers in Washington state seeking lifetime income through annuities.
Topics: Life Insurance & Annuities State Advocacy Interstate Advocacy Press Release NAIC Model Regulation Annuity Best Interest Washington
3 min read
NAIFA Supports New Congressional Caucus to Promote Financial Security
By NAIFA on 4/14/23 4:18 PM
NAIFA applauds the leadership of Representatives Young Kim (R-CA) and Joyce Beatty (D-OH) on the relaunch of the Congressional Financial Literacy and Wealth Creation Caucus for the 118th Congress. The Congresswomen are an excellent duo to co-chair this bipartisan group of legislators committed to empowering Americans with the tools needed to build wealth and achieve financial stability.