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.
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NAIFA’s Virtual Congressional Conference to Be May 25-26
By NAIFA on 3/26/21 3:29 PM
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
Topics: Federal Advocacy PRO Act Congress Insurance & Financial Advisor Regulation Producer Employment
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NAIFA's Hedge Explains Potential Impacts of the PRO Act
By NAIFA on 3/18/21 8:45 AM
NAIFA Director of Government Relations Mike Hedge recently spoke with David Duford of Duford Insurance Group about the potential implications of the PRO Act for insurance and financial professionals. Hedge discusses how the PRO Act could disrupt the business relationships between producers and companies and harm the ability of agents and advisors to serve consumers. He also talks about the work NAIFA is doing to head off provisions of the PRO Act that would “revolutionize the industry for the wrong reasons.” The interview is featured on Duford’s popular YouTube channel.
Topics: Federal Advocacy PRO Act Congress Insurance & Financial Advisor Regulation Producer Employment
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Idaho Enacts Enhanced Protections for Annuity Consumers
By Julie Harrison on 3/17/21 2:15 PM
Idaho Governor Brad Little has signed a NAIFA-promoted best interest bill into law. The bill, HR 79, is based on the National Association of Insurance Commissioners (NAIC) Suitability in Annuity Transaction Model Regulation.
Topics: State Advocacy Standard of Care & Consumer Protection Grassroots Annuity Best Interest Idaho Insurance & Financial Advisor Regulation
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NAIFA-MT Promotes Favorable Auto Insurance Ratemaking Bill
By Julie Harrison on 3/17/21 1:58 PM
The Montana State Legislature is considering a bill that would end the state’s practice of treating all people, regardless of gender, the same by insurance companies when setting rates and product offerings.
Topics: State Advocacy Grassroots Montana Underwriting & Risk Classification
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NAIFA-MN Testifies Against Problematic Paid Family Medical Leave Bill
By Julie Harrison on 3/15/21 2:45 PM
NAIFA-MN opposes a bill that would create a state-wide paid and family medical leave insurance program in Minnesota, HF 1200, which is under consideration in the state House.
Topics: State Advocacy Grassroots Minnesota Paid Family Medical Leave
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NAIFA-ME Connects Producers and Lawmakers at Virtual Legislative Breakfast
By NAIFA on 3/12/21 9:12 AM
NAIFA-Maine’s virtual Legislative Breakfast on March 9 featured video conference meetings connecting NAIFA members with state lawmakers whose policy decision impact the businesses of insurance and financial professionals as well as the consumers they serve. Legislators in attendance included:
Topics: State Advocacy Grassroots Legislative Day Maine
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NAIFA-ND Tells Lawmakers Their Clients Come First
By Julie Harrison on 3/9/21 3:35 PM
NAIFA-ND President Lyle Kraft testified at the State Senate Industry, Business and Labor Committee on March 9, on the importance of passing an important new best interest standard.