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Advocacy in action blog

2 min read

NAIFA Members’ Powerful Grassroots Message for Financial Security Hits Home

By NAIFA on 8/1/23 1:50 PM

Congress has begun its August recess, and members of the National Association of Insurance and Financial Advisors (NAIFA) are capitalizing on lawmakers’ annual working session in their home districts by meeting with their Representatives and Senators to strengthen grassroots relationships and discuss issues important to financial professionals and their clients.

Topics: Press Release Grassroots Congress
3 min read

New Oregon Law Strengthens Safeguards for Annuity Consumers

By NAIFA on 6/7/23 12:15 PM

American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors NAIFA-Oregon President Kym Housley issued the following joint statement on legislation signed into law in Oregon that strengthens safeguards for annuity consumers:

Topics: Legislation & Regulations Press Release Annuity Best Interest Oregon Supported Legislation
2 min read

Florida Governor Signs Enhanced Protections For Annuity Consumers Into Law

By NAIFA & ACLI on 5/26/23 4:30 PM

ACLI President and CEO Susan Neely and NAIFA-Florida President Jeff Chernoff issued the following joint statement on legislation signed into law in Florida that strengthens protections for annuity consumers:

Topics: State Advocacy Interstate Advocacy Press Release Annuity Best Interest Florida
3 min read

NAIFA Recognizes Senator Tim Scott as a Former Insurance Agent and NAIFA Member Turned Presidential Candidate

By NAIFA on 5/19/23 1:05 PM

NAIFA recognizes Senator Tim Scott of South Carolina on the announcement of his campaign to run for President of the United States. Scott is a former NAIFA member and prior to serving in Congress was an insurance and financial services professional who built one of the most successful Allstate agencies in South Carolina.

Topics: Press Release Federal Advocacy Grassroots
3 min read

NAIFA to Host Over 500 Attendees from Across America at its 10th Annual Congressional Conference

By NAIFA on 5/17/23 3:11 PM

NAIFA will host the 10th annual Congressional Conference May 22-23 in Washington, D.C. The event will feature targeted advocacy training with briefings on legislative issues that affect members’ businesses and the clients they serve. Expert presenters will offer best practices for conducting Congressional meetings and tips for developing impactful long-term relationships with legislators.

Topics: Press Release Federal Advocacy Grassroots Congressional Conference
2 min read

New Law Enhances Protections for Washington State Annuity Consumers

By NAIFA & ACLI on 4/14/23 5:07 PM

American Council of Life Insurers (ACLI) President and CEO Susan Neely and NAIFA-Washington President Karl Kuntz issued the following joint statement on legislation signed into law in Washington that strengthens protections for annuity consumers:

“The new law sponsored by Representative Kristine Reeves, approved by the legislature, and signed by Governor Jay Inslee strengthens protections for consumers in Washington state seeking lifetime income through annuities.

Topics: Life Insurance & Annuities State Advocacy Interstate Advocacy Press Release NAIC Model Regulation Annuity Best Interest Washington
2 min read

NAIFA-CA Urges Lawmakers to Amend Bill That Would Harm Life Insurance Producers and Consumers

By NAIFA on 3/17/23 4:51 PM

NAIFA's California chapter is holding its annual Legislative Day in Sacramento on March 29. The event will feature visits with lawmakers by NAIFA-CA members, during which they will discuss SB 263, a legislative proposal that in its current form would harm the ability of insurance agents and brokers to serve the public. 

Topics: Life Insurance & Annuities Legislation & Regulations State Advocacy Standard of Care & Consumer Protection Press Release California Legislative Day
2 min read

Georgia Strengthens Protections for Annuity Consumers

By NAIFA & ACLI on 2/28/23 3:35 PM

American Council of Life Insurers (ACLI) President and CEO Susan Neely and National Association of Insurance and Financial Advisors (NAIFA)-Georgia President Joe Schreck issued the following joint statement on the best interest annuity rule adopted recently by Georgia’s Insurance Department:

“A new rule adopted by Georgia’s Insurance Department and Commissioner John King strengthens protections for Peach State consumers seeking lifetime income from annuities.

Topics: Life Insurance & Annuities Legislation & Regulations Press Release Georgia Annuity Best Interest NAIC
2 min read

Illinois Enhances Protections for Annuity Consumers

By NAIFA & ACLI on 2/24/23 4:10 PM

A new rule adopted recently by the Illinois Department of Insurance provides greater safeguards for consumers seeking lifetime income from annuities. Illinois is the 32nd state to adopt a measure that implements the “best interest of consumer enhancements” in the National Association of Insurance Commissioners (NAIC)  Suitability in Annuity Transactions Model Regulation.  The new laws and regulations also align with the SEC’s Regulation Best Interest.

Topics: State Advocacy Press Release NAIC Model Regulation Annuity Best Interest
1 min read

NAIFA Files Comments with Centers for Medicare and Medicaid Services

By Mike Hedge on 2/13/23 12:13 PM

A NAIFA comment letter to the Centers for Medicare & Medicaid Services (CMS) submitted comments suggesting changes to the CMS proposed rule titled ”2024 Notice of Benefits and Payment Parameters,” published in the Federal Register on December 21, 2022.  

This proposed rule includes proposed payment parameters and provisions related to the HHS-operated risk adjustment and risk adjustment data validation programs, as well as proposed 2024 user fee rates for issuers offering qualified health plans (QHPs) through Federally-facilitated Exchanges (FFEs) and State-based Exchanges on the Federal platform (SBE-FPs).

Topics: Medicaid Legislation & Regulations Medicare Press Release

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