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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 [...]

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 [...]

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 [...]

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 [...]

Governor Nominates New DFS Superintendent

By | January 7th, 2019|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

Governor Andrew Cuomo officially announced on January 4 his nomination of Linda Lacewell, his Chief of Staff, to replace outgoing Dept. of Financial Services (DFS) Superintendent Maria T. Vullo, who is slated to leave DFS [...]

Governor Announces His “Justice Agenda” for 2019

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

Governor Cuomo has announced a 20-point progressive agenda for the first 100 days of the legislative session, preempting his own State of the State address in order, he said, to give the legislature maximum time [...]

DFS Supt. Vullo Announces Her Departure

By | December 19th, 2018|Categories: NAIFA-NYS Legislative Updates, New York Issues, News Alerts|

Superintendent Maria T. Vullo has announced that she will leave the Department of Financial Services (DFS), effective February 1, 2019, after nearly three years heading the agency.  Under her leadership, the DFS has promulgated controversial [...]

U.S. Life Expectancy Drops for 3rd Consecutive Year

By | November 29th, 2018|Categories: News Alerts|

In 2017, according to the Center for Disease Control and Prevention's National Center for Health Statistics (NCHS), the average American could expect to live 78.6 years.  That's a shorter life expectancy than in 2016 and [...]

NAIC “Enhanced” Annuity Suitability Draft Has Its Critics

By | October 30th, 2018|Categories: News Alerts|

An NAIC working group has developed a draft regulation imposing tougher annuity suitability standards, but the proposal doesn't go nearly far enough for some interested parties, including a consumer representative who often weighs in critically [...]

NAIC Annuity Suitability Group is “Deeply Split” over In-Force Policy Issue

By | October 23rd, 2018|Categories: News Alerts|

The National Association of Insurance Commissioners (NAIC) Annuity Suitability Working Group--which is plodding its way through creation of an enhanced suitability regulation for annuities--is divided on whether to apply the tougher standards to in-force transactions.  [...]