Advocacy in action blog

NAIFA congratulates the newly elected Speaker of the House of Representatives Mike Johnson and looks forward to working with him on legislative matters that impact the financial security of Americans and the ability of insurance and financial professionals to serve their clients’ best interests.

NAIFA CEO Kevin Mayeux, CAE, told the Biden Administration in a meeting that the Department of Labor’s (DOL’s) current efforts to revive a fiduciary-only regulation for financial professionals is unnecessary and likely to harm low- and middle-income consumers.

Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors (NAIFA), issued the following statement on the Department of Labor’s beginning of the regulatory process to propose a fiduciary-only rule:

American Council of Life Insurers (ACLI) President and CEO Susan Neely and NAIFA-Oklahoma President Whitney Jessee issued the following joint statement on the best interest annuity rule adopted recently by the Oklahoma Insurance Department:

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.

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:

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:

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.

NAIFA will host the 10^th 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.

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.