Impact, with a Capital ‘I’

Socially responsible investing is a hot topic among sophisticated investors. An investment team led by life insurers – IMPACT Community Capital (IMPACT) – is tackling one of the toughest social challenges in our country: the shortage of affordable housing for low-income workers and families. IMPACT was founded in 1998 by leading insurance companies for the … Continue reading "Impact, with a Capital ‘I’"

California Communities Gain from Partnership with Life Insurers

California often leads the way on government policy. Socially responsible investing is one example. During the recession of the early 1990s, California regulators proposed a community reinvestment mandate for insurers, similar to one imposed on banks by the federal government. The investments would target underserved urban and rural areas of the state. Local insurers supported … Continue reading "California Communities Gain from Partnership with Life Insurers"