NAIFA has joined with industry partners to submit a comment letter to the Department of Labor (DOL) on the proposed withdrawal of the Independent Contractor Status rule under the Fair Labor Standards Act (FLSA). The rule was published on January 7, 2021.
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NAIFA Urges DOL to Move Forward With Rule on Independent Contractor Status
By Mike Hedge on 4/13/21 2:17 PM
Topics: Federal Advocacy DOL Insurance & Financial Advisor Regulation Producer Employment
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COBRA Premium Assistance: What NAIFA Members Need to Know
By NAIFA Government Relations Team on 4/8/21 11:45 PM
In March, Congress passed the American Rescue Plan (ARP) Act, which included provisions that provide 100% COBRA subsidies from April 1 through September 30 of 2021.
Topics: Health Care Federal Advocacy Advocacy Resources COBRA
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Nebraska Law Enhances Protections for Annuity Consumers
By NAIFA on 4/8/21 11:23 AM
Legislation signed into law today by Nebraska Governor Pete Ricketts provides citizens throughout the Cornhusker state with enhanced consumer protections when buying annuities. Strongly supported by Nebraska Director of Insurance Bruce Ramge and championed in the Nebraska Legislature by State Senator Matt Williams, the new law closely tracks the ‘best interest of consumer enhancements’ in the National Association of Insurance Commissioners (NAIC) Suitability in Annuity Transactions Model Regulation. It also aligns with the SEC’s Regulation Best Interest.
Topics: State Advocacy Standard of Care & Consumer Protection Grassroots Annuity Best Interest Insurance & Financial Advisor Regulation Nebraska
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NAIFA-CA's Virtual Day on the Hill Is a Success
By NAIFA on 4/6/21 9:00 AM
NAIFA-California held their annual Day on the Hill as a virtual event over several days in late March. Attendees received legislative and regulatory updates and heard from speakers who shared insights about building relationships with lawmakers and being an effective political advocate.
Topics: State Advocacy Grassroots California Legislative Day
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NAIFA Experts Give Updates on the PRO Act
By NAIFA on 3/28/21 8:19 PM
NAIFA Senior Vice President Diane Boyle and Government Relations Director Michael Hedge spend part of their week keeping insurance and financial professionals up-to-date with the latest information on the PRO Act, where it stands, and how it could impact advisors.
Topics: Federal Advocacy PRO Act Congress Insurance & Financial Advisor Regulation Opposed Legislation Producer Employment
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NAIFA-Iowa Holds Day on the Hill
By NAIFA on 3/27/21 4:42 PM
State advocacy is among part of NAIFA's critical mission to ensure policymakers in every state capital understand the important role of insurance and financial professionals in providing financial security and prosperity to families and small business in communities across the United States.
Topics: State Advocacy Grassroots Iowa Legislative Day
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NAIFA’s Virtual Congressional Conference to Be May 25-26
By NAIFA on 3/26/21 3:29 PM
NAIFA’s Congressional Congress, May 25-26, will be a virtual event featuring targeted advocacy training with briefings on legislative issues that affect members’ businesses, best practices for conducting congressional meetings, and tips for developing impactful long-term relationships with legislators.
Topics: Federal Advocacy Grassroots Congressional Conference
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Legendary Consumer Protection
By Bruce Ferguson and Lyle Kraft on 3/26/21 3:14 PM
In 2018, North Dakota Governor Doug Burgum unveiled the state’s new brand: Be Legendary.
Topics: State Advocacy Standard of Care & Consumer Protection Annuity Best Interest North Dakota Insurance & Financial Advisor Regulation
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Senate Extends the PPP Loan Application Until May 31st
By NAIFA on 3/25/21 6:49 PM
On March 25, the Senate passed 92-7 legislation to extend the deadline for Paycheck Protection Program (PPP) loan applications to May 31. The program has issued 7.5 million loans totaling $687 billion to small businesses during the last year, according to the Small Business Administration (SBA). The bill would also allow the agency an extra month to process applications after the program closes.
Topics: COVID-19 Federal Advocacy Congress
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NAIFA Advocacy Briefing: The Latest on the PRO Act
By NAIFA on 3/21/21 5:03 PM
Tuesday, March 23, at 11 am eastern