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NYS Senate Passes Our CE Credit Bill, 60-0

In the afternoon of Tuesday, June 4 the NYS Senate passed our Continuing Education Credit bill (S4365) in a 60-0 vote — a big win for NAIFA-NYS advocacy.  The bill would grant three (3) CE credits for active membership in a "statewide professional insurance producer association" like NAIFA-NYS and would define such as organization as one that, among other things: [...]

By | June 7th, 2019|Categories: New York Issues, News Alerts|0 Comments

U.S. House Passes SECURE Act, 417-3

In a resounding show of bipartisan support, the U.S. House of Representatives passed this morning the Setting Every Community Up for Retirement Enhancement (SECURE) Act, or HR 1994, by a vote of 417-3.  The bill takes a multi-faceted approach to promoting employer-based retirement programs by allowing small employers to band together and create multiple employer plans (MEPs); encouraging auto-enrollment; giving [...]

By | May 23rd, 2019|Categories: News Alerts|0 Comments

DFS Announces New Cybersecurity Division

The Department of Financial Services (DFS) announced on May 22 the creation of its new Cybersecurity Division, to be led by a former U.S. Attorney whose area of expertise is cyber crimes.  The Division, which DFS calls the "first of its kind to be established at a banking or insurance regulator", will enforce the DFS cybersecurity regulation and issue related [...]

By | May 22nd, 2019|Categories: News Alerts|0 Comments

NYS Sends Strong Delegation to NAIFA Congressional Conference

Nearly 20 representatives of NAIFA-NYS took to DC on May 14 to 15 for the NAIFA Congressional Conference and the chance to meet one-on-one with Members of the NYS Congressional delegation and their key staff.  Lawmakers represented districts from across New York—ranging from the 27th District in Western New York to the 1st District on the Eastern end of Long [...]

By | May 21st, 2019|Categories: Member News|0 Comments

U.S. House to Vote on SECURE Retirement Bill

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 plans, thereby reducing costs [...]

By | May 21st, 2019|Categories: News Alerts|0 Comments

“Virtual” Day on the Hill Made a Difference

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 local constituents and businesses.  [...]

By | May 10th, 2019|Categories: Member News, NAIFA-NYS Legislative Updates, New York Issues|0 Comments