naifa-nys

/naifa-nys

About naifa-nys

This author has not yet filled in any details.
So far naifa-nys has created 63 blog entries.

The DOL Fiduciary Duty Rule Is Dead

By | June 21st, 2018|Categories: News Alerts|

On June 21, the 5th Circuit Court of Appeals issued a mandate that made effective the Court's March 15 decision vacating - in full - the Department of Labor (DOL) fiduciary duty rule.  The mandate also required the DOL to reimburse plaintiffs for their legal costs to appeal. The Court was expected to hand down its [...]

Life Agents to DFS: Suspend Reg 187 Effort So All Parties Can Discuss Issues, Ideas

By | June 19th, 2018|Categories: New York Issues, News Alerts|

Life Agents to Regulators: Slow Down So We Have a Chance to Chat - NAIFA-NYS Advocating DFS to Suspend Reg 187 Effort Until All Interested Parties Can Roundtable Issues and Ideas   Albany, New York, June 19, 2018 — ‎The National Association of Insurance and Financial Advisors-New York State on Friday announced that it has requested [...]

GMR Legislative Breakfast: A Real Eye-Opener

By | June 15th, 2018|Categories: Member News|

The Greater Metro Region (GMR) is rebuilding itself after years of struggle, and the latest GMR legislative event, held on June 1 in Uniondale, proved that, slowly but surely, GMR members are coming back.  The breakfast featured no-holds-barred discussion of the DFS amendments to the Regulation 187 suitability rule--amendments that create a "best interest" requirement for in-force [...]

Hudson Valley Takes Its Legislative Breakfast to the Diner

By | June 15th, 2018|Categories: Member News|

Diners are great places for discussion, whether among family and friends or our Hudson Valley members at their 2018 legislative breakfast.  Held on April 20 at Alexis Diner in Newburgh, the event featured Assembly Insurance Committee Chair Kevin Cahill speaking about local issues as well as insurance and political topics of the day, and the NAIFA-NYS [...]

Legislative Breakfasts Come to Mohawk Valley

By | June 15th, 2018|Categories: Member News|

NAIFA-NYS legislative breakfasts aren't always big affairs--but that makes them no less interesting, enjoyable, and important.  The March 9, 2018 Mohawk Valley association event was a wonderful opportunity, as it was last year, to present and discuss the issues that NAIFA-NYS members need to understand...Governor Cuomo's plan for a private-sector state-run retirement plan, a pending DFS "best interest" standard [...]

Syracuse Members, Legislators Discuss Issues of the Day

By | June 15th, 2018|Categories: Member News|

The 2018 Syracuse legislative breakfast--delayed a few weeks thanks to a snowstorm that even our Syracuse members wouldn't venture out in--took place on March 23rd at Justin's Tuscan Grill.  Local lawmakers, including Senate Majority Leader John DeFrancisco, were there to weigh in on life insurance and financial services issues affecting New York...and there was strong support [...]

Rochester Has Legislative Breakfast Success

By | June 15th, 2018|Categories: Member News|

NAIFA-Rochester was one of the first NYS locals to bring back its legislative breakfast program, and on January 26, the association held its 2018 legislative event at the Monroe Country Club in Pittsford.  The NAIFA-NYS government relations team briefed attendees on the most critical issues facing life insurance agents and advisors in New York:  the Governor's plan to create [...]

NYS Legislature Passes Our CE Credit Bill – Next Stop: Governor’s Desk

By | June 12th, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

In the morning hours of June 12th, the NYS Assembly unanimously - in a vote of 120 to 0 - gave final passage to the NAIFA-NYS bill that requires the Superintendent of Financial Services to grant six (6) continuing education credits to active members of a statewide professional insurance producer association - including NAIFA-NYS. Huge thanks to [...]

2017 Was Record Year for Data Breaches in NY

By | April 2nd, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

A new study reveals that more than 1,500 data breaches were reported to the NYS Attorney General in 2017--a significant jump from 2016--and that the personal records of 9.2 million New Yorkers (thanks largely to the Equifax breach) were exposed.  The findings have prompted Attorney General Eric Schneiderman to push for new cyber-security legislation that he says [...]

NYS Senate Passes NAIFA-NYS CE Credit Bill

By | March 27th, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

The New York State Senate on March 27 overwhelmingly passed a NAIFA-NYS-initiated bill requiring the Superintendent of Financial Services to grant six continuing education credits for all active members of a statewide professional insurance producer association passed the State Senate today. The top priority bill on the 2018 NAIFA-NYS affirmative legislative agenda, S3960 - sponsored by Senate [...]