American Council Of Life Insurers (ACLI)
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Advisers form coalition to oppose DOL fiduciary rule
Grassroots organization is sponsored by a trade association for life insurance companies.
DOL to launch marathon of hearings on fiduciary rule
The four-day event, featuring 75 witnesses from all sides of the debate testifying on panels together, could get heated.
Insurers dead set against life settlement securitization
The American Council of Life Insurers is asking policymakers to bar the securitization of life settlements.
Insurers cheer approval of life settlement bill
Trade associations representing the life insurance industry and agents last week applauded New York's passage of life settlement legislation.
Advisers wary of insurance industry's mortgage-backed-securities proposal
Financial advisers and consumer advocates are skeptical of a proposal from the life insurance industry that could reduce the amount of capital that carriers need to hold against residential-mortgage-backed securities.
Trade groups spend millions to influence Capitol Hill agenda
Groups representing financial advisers and all facets of the financial services industry spent big bucks lobbying Congress during the second quarter, according to recent filings with the House of Representatives' Office of the Clerk.
ACLI concerned about disability insurance program
The American Council of Life Insurers is worried about efforts to establish a voluntary disability in-surance program.
ACLI elects slate of officers
Patrick S. Baird, president and chief executive of Aegon USA Inc. of Cedar Rapids, Iowa, will serve as the chairman of the Washington-based life insurance trade association for one year.
Insurance org. pushes for federal presence
The financial crisis engulfing Wall Street underscores the need for a federal presence watching over the insurance industry, the American Council of Life Insurers told Treasury Secretary Henry Paulson today.