Public Policy


ACLI promotes sound public policy on issues important to the life insurance industry. Issues dominating ACLI’s advocacy agenda include retirement security, taxes, trade, and financial services regulatory reform.

ACLI represents approximately 300 member companies operating in the United States and abroad. ACLI members offer life insurance, annuities, retirement plans, long-term care and disability income insurance, and reinsurance, representing more than 90 percent of industry assets and premiums.

ACLI advocates in federal, state, and international forums for public policy that supports the industry marketplace and the 75 million American families that rely on life insurers’ products for financial and retirement security. Public policy positions are developed through ACLI’s comprehensive, member-based committee system.

Public Policy Issues

Captive Insurance Companies: Life insurers may establish captive reinsurers to manage risks effectively. [Read more.]

Employee Benefits: Life insurers are the leading providers of products and services for employer-sponsored benefit packages. [Read more.]

Federal Capital Standards: Life insurers are concerned that the Federal Reserve may ultimately apply bank-based capital standards to insurance companies. [Read more.]

Fiduciary Rule: On April 20, 2015, the U.S. Department of Labor (DOL) released a significant, detailed new proposal to change the definition of fiduciary under ERISA. [Read more.]

International Trade: International business operations are important to the success of many U.S. life insurers today and will continue to be as the global business environment evolves. [Read more.]

Pension De-risking: Today, many companies—both large and small—are struggling to meet the growing demands of defined benefit/pension plan obligations. [Read more.]

Principle-Based Reserves: Life insurers set aside capital—called reserves—to ensure they will be able to pay all future expected claims. [Read more.]

Retirement Plans: Life insurers are among the leading providers of products and services to defined benefit and defined contribution plans. [Read more.]

Taxes: The current tax treatment of life insurance and annuities has encouraged generations of Americans to protect their financial futures. [Read more.]

Recent Public Policy Activity

ACLI submits statement for the record (PDF) hearing on the U.S. Department of Labor's (DOL) proposed fiduciary regulation, 12/02/2015

ACLI submits statement for the record for House Financial Services Capital Markets & Government Sponsored Enterprises and Oversight & Investigations hearing, "Preserving Retirement Security and Investment Choices for All Americans," 09/10/2015 

ACLI's Governor Dirk Kempthorne testifies at Senate Banking Committee hearing, "The Role of the Financial Stability Board in the U.S. Regulatory Framework," 07/08/2015

ACLI submits statement for the record for House Financial Services Committee hearing, "The Annual Report of the Financial Stability Oversight Council," 06/17/2015

ACLI submits statement for the record for House Financial Services Committee hearing on “Protecting Consumers: Financial Data Security in the Age of Computer Hackers,” 05/14/2015

Robert Falzon of Prudential Financial testifies on behalf of ACLI at the Senate Banking Securities, Insurance and Investment Subcommittee hearing, 04/30/2015 

ACLI submits statement for the record for House Financial Services Housing and Insurance Subcommittee, 04/29/2015 

ACLI testifies at "Financial Stability Oversight Council Accountability: Nonbank Designations" hearing, 03/25/2015

Additional Resources

  • Learn more about how life insurers positively impact your community and the U.S. economy, visit:
  • Americans to Protect Family Security (Secure Family) is a partnership of America's life insurance companies, agents, and financial advisors that is dedicated to educating policymakers about the role our products play in the financial lives of 75 million American families. Protect financial security, join
  • The private retirement system provides a robust and growing foundation for millions of Americans’ retirement security through defined contribution plans, such as 401(k)s, as well as IRAs, and individual annuities. To help even more American families prepare for retirement, the life insurance industry is committed to working with policymakers to advance balanced solutions to expand access and increase savings. Learn more on