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1 min read

NAIFA Rejoins Industry Education Council, Lending Its Expertise on Insurance Matters to State Legislators

By NAIFA on 10/28/20 10:07 AM

NAIFA is proud to announce that it has renewed its participation as a member of the Industry Education Council (IEC), the educational partner of the National Council of Insurance Legislators (NCOIL). The IEC provides effective communication with state legislators, and vital support for NCOIL’s educational programs.

Topics: State Advocacy Interstate Advocacy Press Release
2 min read

‘The Power of You. The Power of Us.’  NAIFA’s New Political Advocacy Campaign Stokes Individual and Group Action

By NAIFA on 10/1/20 4:35 PM

Insurance and financial professionals provide a powerful advocacy voice at state and federal levels.

Topics: Advocacy State Advocacy Press Release
1 min read

New DOL Rule Provides Important Guidance on How to Illustrate Monthly Lifetime Income

By NAIFA on 8/19/20 4:44 PM

The Department of Labor’s (DOL’s) Employee Benefits Security Administration (EBSA) issued an interim final rule providing the important information employers need to comply with the new requirement that they give retirement plan participants annual illustrations of the monthly lifetime income they would receive from their retirement plan account balances.

Topics: Advocacy Retirement Planning Retirement Press Release
1 min read

The SEC’s CAT Database Brings Data Security Concerns

By NAIFA on 8/13/20 1:28 PM

The Securities and Exchange Commission (SEC) in June began requiring broker-dealers to submit detailed information on securities trades to the SEC’s Consolidated Audit Trail (CAT) database. A similar requirement for options trades went into effect in July. The purpose of the CAT is to allow SEC regulators to identify and analyze irregularities and threats to the securities markets.

Topics: Advocacy Security Press Release Cybercrime SEC
1 min read

DOL Proposes New Rule to Replace Fiduciary Rule NAIFA Helped Defeat

By NAIFA on 6/30/20 10:26 AM

The U.S. Department of Labor has proposed a new rule to govern the standard of care for producers providing consumers with retirement guidance and products. NAIFA was a part of the lawsuit, along with the American Council of Life Insurers and other groups, that resulted in the DOL’s original fiduciary rule being struck down by the Fifth Circuit Court of Appeals in 2018. The new proposal would create a “best interest” prohibited transaction exemption (PTE) for ERISA- and Internal Revenue Code-covered investment advice fiduciaries.

Topics: Advocacy Retirement Planning Standard of Care Press Release
2 min read

State of NAIFA Virtual Event to Celebrate 130 Years of Association Excellence

By NAIFA on 6/17/20 12:54 PM

NAIFA will celebrate its 130th anniversary Thursday, June 19, with an online Town Hall meeting “The State of NAIFA on Our 130th Anniversary Celebration.”

Topics: NAIFA Events NAIFA CEO Press Release
1 min read

NAIFA’s Harrison Named to the NIPR Board of Directors

By NAIFA on 5/28/20 7:51 PM

Julie Harrison, NAIFA's Director of State Chapter Government Relations, has been named to the National Insurance Producer Registry (NIPR) Board of Directors.

Topics: Interstate Advocacy Press Release
1 min read

Mayeux Highlights NAIFA's Small Business Ties in COVID-19 Relief Comment

By NAIFA on 4/23/20 5:30 PM

NAIFA CEO Kevin Mayeux issued the following statement on congressional passage of the latest $484 billion COVID-19 relief legislation.

Topics: Press Release
2 min read

NAIFA Family Response Fund to Help NAIFA Members With COVID-19 Expenses

By NAIFA on 4/16/20 5:34 PM

NAIFA has announced the creation of the NAIFA Family Response Fund to help NAIFA members with expenses related to the COVID-19 outbreak. The fund will benefit NAIFA members and their legal dependents who face financial hardship due to unexpected out-of-pocket medical or funeral expenses related to the COVID-19 outbreak.

Topics: Press Release
1 min read

NAIFA Urges States to Temporarily Ease Insurance Licensing Requirements

By NAIFA on 4/1/20 2:00 PM

NAIFA CEO Kevin Mayeux, along with several industry colleagues, has sent a letter to every state insurance licensing authority requesting temporary licensing accommodations for producers who cannot complete regular licensing requirements because of the COVID-19 outbreak.

Topics: Press Release