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So far naifa-nys has created 90 blog entries.

U.S. House to Vote on SECURE Retirement Bill

By | May 21st, 2019|Categories: News Alerts|

On May 23, the U.S. House of Representatives will take up a bipartisan bill—approved unanimously on April 2 by the House Ways & Means Committee—that would expand employer-based retirement options.  The Setting Every Community Up for Retirement Enhancement (SECURE) Act (HR 1994) would make it easier for small businesses to join together and create multiple-employer retirement [...]

“Virtual” Day on the Hill Made a Difference

By | May 10th, 2019|Categories: Member News, NAIFA-NYS Legislative Updates, New York Issues|

Something big happened on Thursday, May 9:  in local districts around the state, NAIFA-NYS members sat down with their Assemblypersons and Senators and legislative staff and talked about NAIFA-NYS issues.  No travel to Albany, no major time away from the office.  Just friendly conversation—during NAIFA-NYS' first-ever "Virtual" Day on the Hill—about life insurance concerns that affect [...]

House Committee Passes the SECURE Act Retirement Bill

By | April 3rd, 2019|Categories: News Alerts|

In what is, these days, a remarkable show of bipartisanship, the U.S. House Ways & Means Committee approved - unanimously - on April 2 a bill that would expand options for retirement savings.  The Setting Every Community Up for Retirement Enhancement (SECURE) Act, or H.R. 1994, would make it easier to offer annuities in 401(k) and [...]

House Panel Holds Hearing on the SEC’s Regulation Best Interest Proposal

By | March 15th, 2019|Categories: News Alerts|

Members of the U.S. House Committee on Financial Services, under its newly emboldened Democratic leadership, held a March 14 hearing that looked dubiously at the SEC’s proposed Regulation Best Interest.  What prompted the hearing is the fact that the SEC, at least as of now, is developing a principles-based way to upgrade suitability rules, rather than [...]

SAVE THE DATE – “Virtual” Day on the Hill

By | March 8th, 2019|Categories: Member News|

On a single day - Thursday, May 9 - NAIFA-NYS members from across New York will visit their legislators in their district offices, a "Virtual" Day on the Hill that means members don't need to travel to Albany for legislative visits.  NAIFA-NYS staff matches up members with their legislators, makes the appointments, and gives members the [...]

NAIFA Weighs in on NAIC “Enhanced Suitability” Draft Regulation

By | February 20th, 2019|Categories: News Alerts|

In a February 15 comment letter to state insurance regulators at the National Association of Insurance Commissioners (NAIC), NAIFA joined with the AALU, the Financial Services Institute (FSI), and other groups to endorse a "best interest" standard of care.  The letter responded to a draft NAIC "enhanced suitability" model regulation--which has been in the works at [...]

Legislative Breakfast Comes to Rochester

By | February 4th, 2019|Categories: Member News|

Venturing out on a cold Western NY morning, members of our Rochester affiliate met on January 25 for their 2019 legislative breakfast.  Area lawmakers and staff were there - and had plenty to say - as were members of the NAIFA-NYS government relations team, who briefed attendees on the association's priority agenda for this session.  [...]

Chautauqua Legislative Lunch Is Focused and Friendly

By | February 4th, 2019|Categories: Member News|

Our Chautauqua affiliate may be small in number, but it has a big-time commitment to NAIFA-NYS and its advocacy.  The Chautauqua legislative luncheon on January 24 was an ideal forum to discuss NAIFA-NYS' legislative and regulatory priority issues, as well as to explore the myriad ways that the DFS "best interest" and cyber-security regulations may [...]

Buffalo Legislative Breakfast Doesn’t Disappoint

By | February 4th, 2019|Categories: Member News|

Our historic Buffalo association on January 24 continued its tradition of legislative breakfasts when members, non-members, legislators, their staff, and NAIFA-NYS representatives gathered at Salvatore's Italian Gardens in Depew.  Senior members of the NAIFA-NYS government relations team briefed attendees on the legislative and regulatory challenges facing life insurance agents in NYS - including the DFS [...]

NAIFA-NYS Announces Its Full Calendar of Legislative Events

By | January 18th, 2019|Categories: Member News, Members, NAIFA-NYS Legislative Updates, New York Issues|

From the far edge of Western New York to way down on Long Island, from late January to early May, NAIFA-NYS will welcome state legislators (veterans and newcomers) to local events that showcase the issues and the values that NAIFA-NYS stands for.  It's not just NAIFA members and staff who look forward to these events ... [...]