Life insurers are meeting the moment to help communities during the COVID-19 pandemic. Companies are working with state and local leaders, providing emergency meals to seniors and families in need; donating masks and other critical supplies to hospitals and front-line health care professionals; supporting community foundations that are meeting the rapidly changing needs in cities … Continue reading "Life Insurers #MeetingTheMoment during the COVID-19 Pandemic"
Across the nation, Americans have rolled up their sleeves to help others in the face of the unprecedented COVID-19 public health and economic crisis. Policymakers in state capitals and Washington have been at the forefront in delivering assistance. The U.S. Congress has passed three emergency legislative packages, and more than half the states have announced … Continue reading "Fighting Back for Public Health and the Workforce"
It’s only natural that the spread of the coronavirus has got many people around the globe concerned about how to safeguard their health, and the health of their loved ones. The instinct to keep those you care most about safe is deeply personal, and something you feel in your core. You might feel helpless about … Continue reading "A Steady Hand Amid Coronavirus Concerns"
Nearly two years ago, the Fifth Circuit Court of Appeals struck down the Department of Labor’s misguided fiduciary regulation. That momentous decision triggered a series of thoughtful, well-reasoned measures by lawmakers and regulators in Washington, D.C., and across the country. These ongoing actions are part of a nationwide movement to provide American consumers the protections they deserve … Continue reading "Best Interest Advances Will Protect America’s Consumers"
[A version of this article appeared on LinkedIn] It’s not surprising that we in the life insurance industry think a lot about financial security. But this week, as I gear up to speak at two events regarding women and financial security, I’ve been reviewing some surprising numbers about women, money, and confidence. Women have made … Continue reading "Women Are Controlling the Purse Strings—So Why Aren’t They Confident?"
Today marks a big step toward making sure that consumers nationwide receive strong, harmonized protections when they receive financial guidance. The National Association of Insurance Commissioners (NAIC)—made up of each state’s head insurance regulator—virtually unanimously adopted a model regulation that puts consumers’ interests first. The NAIC’s Suitability in Annuity Transactions Model Regulation makes sure that … Continue reading "A Big Win for Retirement Savers at the NAIC"
The ACLI Capital Challenge has been rescheduled to September 24 due to public health concerns caused by the COVID-19 outbreak. For more details, please click here. Three months from tomorrow, the 2020 election will take a backseat to another political race – one that is more crowded, but also more collegial. Make no mistake – the competition … Continue reading "ACLI Capital Challenge: A Fierce Race With Many Winners, Especially Financial Literacy"