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1 min read

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
1 min read

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
2 min read

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
1 min read

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
1 min read

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
1 min read

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:

Topics: Legislative & Regulatory State Advocacy
1 min read

NAIFA-ND Tells Lawmakers Their Clients Come First

By Julie Harrison on 3/9/21 3:35 PM

NAIFA-ND President Lyle Kraft testified at the State Senate Industry, Business and Labor Committee on March 9, on the importance of passing an important new best interest standard.

Topics: Annuities Legislative & Regulatory State Advocacy NAIC Model Regulation
1 min read

NAIFA-TX Holds Successful Virtual Day at the Capitol Advocacy Event

By NAIFA on 3/3/21 5:02 PM

NAIFA’s Texas chapter (NAIFA-TX) held a successful legislative event last week, with several dozen participants. The annual Day at the Capitol was planned as a hybrid event, with both in-person and virtual attendees. However, the lingering effects of recent winter storms required NAIFA-TX to quickly shift to an all-virtual event.

Topics: State Advocacy
1 min read

NAIFA-Wisconsin to Hold Virtual Day on the Hill Political Advocacy Programs

By NAIFA on 3/3/21 4:13 PM

The Wisconsin chapter of the National Association of Insurance and Financial Advisors (NAIFA-WI) will present its annual Day on the Hill advocacy programming March 8 and 10. The virtual event will highlight the importance of political advocacy for insurance financial advisors. Decisions by state lawmakers and regulators have tremendous impacts on the businesses of NAIFA members as well as the Main Street consumers and small businesses they serve.

Topics: State Advocacy
1 min read

NAIFA-TN Urges End of Professional Tax on Advisors and Broker-Dealers

By Julie Harrison on 3/2/21 3:55 PM

NAIFA-TN is using its advocacy muscle to convince state legislators to eradicate its professional privilege tax. The tax was used to balance budgets in 1992 and in 2002 and Tennessee is one of only six states with such a tax. Until two years ago, the tax applied to 22 different professions, including dentists, physicians, and real estate principal brokers. In 2019, Tennessee removed the discriminatory tax on 15 of the professions yet continues to require attorneys, securities agents, broker-dealers, investment advisers, lobbyists, osteopathic physicians, and physicians to pay the annual $400 tax.

Topics: State Advocacy

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