Montana Governor Greg Gianforte has signed legislation that revises state non-discrimination laws to allow insurers to consider insured individuals’ gender and marital status when setting rates for insurance premiums. NAIFA’s Montana chapter worked with state Commissioner of Securities and Insurance Troy Downing to craft and promote the legislation. NAIFA-MT members testified on its behalf at hearings in the state. The commissioner cited research by NAIFA-MT in his press release on the legislation.
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NAIFA State Advocacy in Action: Montana Rate-Setting Law Signed
By NAIFA on 4/22/21 8:42 AM
Topics: State Advocacy Grassroots Montana Underwriting & Risk Classification
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NAIFA Invites All Financial Services Professionals to Attend Virtual Congressional Fly-In May 25-26
By NAIFA on 4/14/21 1:58 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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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-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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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: