If we’ve learned anything in 2022, it’s this simple truth: No one can predict what the future will hold, but everyone can prepare for it.
That maxim underscores how America’s life insurance companies serve 90 million American families. Life insurers believe everyone deserves the chance to build financial security that will serve them in the good times and protect them in the hard times.
As we look ahead to a new year, let’s pause and reflect on the many ways life insurers serve our customers, as illustrated by these top 10 IMPACT articles from 2022:
9) Columbian Mutual Life Insurance Company President and CEO Mike Fosbury described how his company and the entire industry have been keeping their promises as illustrated by the record $100 billion in life insurance benefit payments in 2021.
8) ACLI’s Cindy Goff and Lauryl Jackson discussed bipartisan model legislation that leverages the existing employer-based system to provide paid leave coverage to more families.
6) New York Life’s Managing Director and Head of Impact Investments Martin King kicked off our series showcasing ACLI member companies’ strategic initiatives to bridge racial and socioeconomic divides across the nation.
4) What brought the Robert Wood Johnson Foundation, state insurance commissioners and some of the nation’s most prominent life insurers together? 360 Community Capital, the new investment initiative that will support community development with a focus on affordable housing.
3) ACLI’s Jill Rickard and NAIFA-MA’s Josh O’Gara celebrated Massachusetts becoming the 30th state to adopt enhanced consumer protections concerning annuity transactions that ensure savers can access information about different choices for long-term security through retirement.
2) ACLI’s Andrew Melnyk showcased our White Paper research showing that mandating a fiduciary-only approach for all retirement arrangements will have the unintended consequence of harming lower- and middle-income families.
David Nielsen is Senior Director, Strategic Content/IMPACT at the American Council of Life Insurers (ACLI). His responsibilities include IMPACT and other ACLI publications, notably News Now & News Now International. A former bank examiner, business analyst and journalist, he joined ACLI in 2013.