AMERICAN COUNCIL OF LIFE INSURERS
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New Report Highlights Risks of Pre-Funded Systemic Risk Dissolution Plan, ACLI Says
3/9/2010.
A pre-funded systemic risk dissolution authority threatens to harm the nation’s economy and may encourage the same irresponsible behavior that gave rise to the economic crisis, Frank Keating, president and CEO of the ACLI, said following release of a new study of dissolution authority funding mechanisms.
"SAVE" Act Introduced in the House
3/5/2010.
In a letter to Rep. Ron Kind (D-WI), ACLI President and CEO Frank Keating lauded the Congressman for reintroducing the Small Businesses Add Value for Employees (“SAVE”) Act.
Joint Statement on Japan Postal Reform Preliminary Draft
2/26/2010.
On February 8, the Government of Japan released a “Postal Reform Preliminary Draft” (“Preliminary Draft”) that lays out the government’s framework for Japan Post restructuring.
ACLI Responds to Administration's Proposed Annuity Tax
2/24/2010.
ACLI President and CEO Frank Keating sent a letter today to Secretary of the Treasury Tim Geithner that expressed serious concerns about an Administration proposal to apply a 2.9 percent tax on annuity income.
ACLI Supports "America Saves Week"
2/22/2010.
The state of the nation's economy provides firm evidence of the importance of making retirement savings a central feature part of a financial plan. That is the message of America Saves Week 2010, scheduled for this week.
Life Insurers Urge Policymakers to Ban Securitization of Life Settlements
2/3/2010.
In a new policy statement, ACLI says that securitization of life insurance settlements exposes senior citizens and investors to increased risk of fraud and the practice should be prohibited by legislation or regulation.
Life Insurance Industry Reacts to President's 2011 Budget Proposal
2/2/2010.
AALU/ACLI/GAMA/NAIFA/NAIBA Joint Release - The life insurance industry is deeply concerned about provisions in the president’s proposed 2011 budget that amount to new taxes on products that provide security and peace of mind.
ACLI Comments on President's Budget Proposal
2/1/2010.
ACLI President and CEO Frank Keating issued the following statement today in response to provisions in President Obama’s 2011 budget proposal affecting life insurance policyholders and companies.
ACLI Statement on Information Request on Annuitization by Treasury and DOL
2/1/2010.
Frank Keating, president and CEO of the ACLI, issued the following statement regarding the request for information on annuities released today by the Department of Treasury and Department of Labor.
ACLI Lauds Administration for Plans to Help Americans Secure Their Retirements
1/25/2010.
ACLI President and CEO Frank Keating issued the following statement in response to retirement security initiatives announced today by the White House as part of its broader plan to aid middle-class Americans.
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