Josh O'Gara, CLU, ChFC, CFP, loyal member since 2011, spoke on behalf of NAIFA during a virtual roundtable discussion on Department of Labor’s proposed rule on Independent Contractor Classification Under the Fair Labor Standards Act. The event was held by the U.S. Small Business Administration’s Office of Advocacy to gather input from people and businesses potentially affected by the proposed rule. NAIFA strongly supports an exemption for insurance and financial professionals under any legislation or DOL regulation that would reclassify independent contractors as employees.
2 min read
NAIFA's O'Gara Tells the SBA It's Important for Advisors to Remain Independent Contractors
Topics: Federal Advocacy
It's Election Day
It's Election Day! NAIFA encourages everyone to get out and vote (if you haven't voted already). The results of this election is likely to have profound implications for your business and clients.
Topics: Federal Advocacy
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CMS Issues FAQs to Address the Recording of Calls by Agents and Brokers
In May, the Centers for Medicare and Medicaid Services (CMS) issued a Final Rule which revises the Medicare Advantage (Part C) program and the Medicare Prescription Drug Benefit (Part D) program regulations to implement changes related to marketing and communications, past performance, Star Ratings, network adequacy, medical loss ratio reporting, special requirements during disasters or public emergencies, and pharmacy price concessions.
Topics: Medicare Federal Advocacy
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NAIFA’s Advocacy Highlighted at LICONY Meeting
NAIFA Senior Vice President for Government Relations Diane Boyle appeared with other industry thought leaders on the National & Federal Insurance Perspective Panel at the Life Insurance Council of New York (LICONY) Annual Meeting and Planning Conference in Albany. She discussed with other panelists the top issues facing the insurance and financial services industry, the promotion of diversity and inclusion in the insurance sector, issues caused by the COVID-19 pandemic, and NAIFA’s work with the American Council of Life Insurance (ACLI) to remove unnecessary barriers to recruiting new insurance professionals.
Topics: Diversity Press Release New York Federal Advocacy
1 min read
NAIFA Looks to Work With Lisa Gomez, New Assistant Secretary of Labor for EBSA
NAIFA congratulates Lisa Gomez on her confirmation as Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA).
Topics: Standard of Care & Consumer Protection Press Release Federal Advocacy
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NAIFA's Mayeux Contributes to Article Supporting Remote Online Notarization Bill
NAIFA CEO Kevin Mayeux is a contributing author of an article in the publication Real Clear Policy arguing in favor of federal legislation allowing remote online notarization (RON). NAIFA has been a strong proponent of RON and urged passage of the SECURE Notarization Act because it would set a national standard and be a great benefit to NAIFA members and their clients who routinely complete financial transactions that require notarized documents.
Topics: Federal Advocacy Congress Insurance & Financial Advisor Regulation Remote Notarization Producer Sales & Marketing
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NAIFA-Utah Members Meet With Lawmakers at In-State Event
NAIFA-UT recently took advantage of the August Congressional recess to hold a very successful Legislative Day. More than 50 NAIFA members were in attendance along with Representatives Burgess Owens, Chris Stewart, and Blake Moore. Also attending was a staff member from Senator Mike Lee’s office. Representative John Curtis had a prior commitment but addressed the audience via video.
Topics: Member Spotlight Federal Advocacy Grassroots Utah
3 min read
NAIFA Sends Letters to CMS to Lessen the Impact of CMS Final Rule
In May, the Centers for Medicare and Medicaid Services (CMS) issued a Final Rule which revises the Medicare Advantage (Part C) program and the Medicare Prescription Drug Benefit (Part D) program regulations to implement changes related to marketing and communications, past performance, Star Ratings, network adequacy, medical loss ratio reporting, special requirements during disasters or public emergencies, and pharmacy price concessions.
Topics: Medicare Federal Advocacy CMS Producer Sales & Marketing
3 min read
In-District Meetings Are Underway
When Congress is in recess, like it is right now, NAIFA's grassroots advocacy actually picks up. NAIFA members across the country are meeting with their Representatives and Senators in their home districts this August.
NAIFA's yearlong grassroots strategy encourages multiple in-person connections with lawmakers, including at NAIFA's May Congressional Conference, in-person meetings during the August recess, a day on the Hill during NAIFA's fall/winter National Leadership Conference, and at community and fundraising events throughout the year.
Topics: Federal Advocacy Grassroots
1 min read
House Committee Passes Bill Revising Process for Registering Index-Linked Annuities
On July 28, the House Financial Services Committee voted to advance a bipartisan bill requiring the Securities and Exchange Commission to create a new form for registering index-linked annuities, which allows investors to save for retirement in a more streamlined process.
