ACLI Statement on H.R. 5840, the Insurance Information Act of 2008
Posted 7/9/2008.
Frank Keating statement regarding approval of H.R. 5840 by the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
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Banks, Life Insurers Developing Stronger Marketing Ties
Posted 6/24/2008.
(Joint News Release) - Life insurance companies and banks are developing stronger marketing relationships yet some barriers must still be overcome to maximize bank distribution of life insurance products, according to an ongoing study of life insurer-bank business cultures.
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Strategic Economic Dialogue (SED) Produces Favorable Conditions for U.S. Life Insurers
Posted 6/19/2008.
The fourth U.S.- China Strategic Economic Dialogue (SED) concluded with some progress for U.S. life insurers.
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Ohio Governor Signs STOLI Bill, Placing State at Forefront of Efforts to Combat Abuse
Posted 6/12/2008.
(ACLI/AALU/NAIFA) - Governor Ted Strickland (D) today signed legislation that will place Ohio at the forefront of efforts to combat a growing financial abuse that targets senior citizens and threatens to undermine the integrity of the life insurance marketplace.
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The American Council of Life Insurers (ACLI) Testifies on H.R. 5840, The Insurance Information Act of 2008, Before House Financial Services Subcommittee
Posted 6/10/2008.
Stephen Rahn, vice president and associate general counsel, Lincoln Financial Group, testified today on behalf of the ACLI before the House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises on the Insurance Information Act of 2008 (H.R. 5840).
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Ohio Legislation Protects Seniors, Helps Preserve Integrity of Life Insurance Market
Posted 5/30/2008.
(ACLI/AALU/NAIFA) - The Ohio legislature has given final approval to a landmark bill that will help assure the integrity of the life insurance market and protect seniors from a growing abuse called STOLI.
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Connecticut Approves Legislation to Monitor, Deter STOLI Transactions
Posted 5/30/2008.
(ACLI/NAIFA) - Connecticut Governor M. Jodi Rell (R) has signed legislation that will help protect senior citizens from a growing financial abuse and maintain the integrity and good social purpose of life insurance.
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Arizona Governor Signs Legislation Protecting Seniors From Stranger-Originated Life Insurance
Posted 5/29/2008.
(ACLI/NAIFA) - Arizona Governor Janet Napolitano has signed legislation (HB 2513) protecting seniors from a fraudulent use of life insurance called STOLI.
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Arizona Joins List of States Protecting Seniors from Stranger-Originated Life Insurance
Posted 5/21/2008.
The Arizona legislature passed a bill, HB 2513, on May 20 that will take important steps towards protecting senior citizens from a fraudulent use of life insurance called STOLI.
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Oklahoma Governor Signs Legislation Protecting Seniors from Abusive Use of Life Insurance
Posted 5/16/2008.
Oklahoma Governor Brad Henry (D) has signed legislation that will help deter an abusive transaction that undermines the integrity of life insurance and exposes senior citizens to possible unexpected taxes and legal liability.
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