State

State-level advocacy is often where the rubber meets the road. Laws and policies enacted by states can have major impacts on NAIFA members’ businesses and on the consumers they serve.

NAIFA is the only producer association with a strong advocacy presence in every state capital, including a professional lobbyist, a state political action committee and an active grassroots network. NAIFA has added members to its professional advocacy team over the past year to further build our presence in the states and coordinate our efforts on national and state chapter levels.

NAIFA and the American Council of Life Insurers (ACLI) maintain an active partnership to advocate on issues where our interests overlap. Coordinated efforts between NAIFA and ACLI, for instance, have spearheaded the push to adopt the NAIC annuities transaction model.

Active grassroots and coordinated lobbying by NAIFA and ACLI, including letters to lawmakers and regulators, have been influential in Arizona, Arkansas, Delaware, Idaho, Iowa, Michigan, Nebraska, North Dakota, Ohio and Rhode Island adopting the NAIC model and many other states actively considering it.

The annuities model has been a point of emphasis at NAIFA state chapter legislative days, which have connected NAIFA members with lawmakers, either virtually or in-person. Chapters that have pressed ahead with successful legislative days or days on the Hill in 2021 include: NAIFA-CA, NAIFA-IA, NAIFA-FL, NAIFAME, NAIFA-ND, NAIFA-TX and NAIFAWI.

Chapter leaders provide comments and testimony to support good policies, like the adoption of the NAIC model, and oppose bad ones, like a trend toward creating state-run retirement plans that would compete with the private sector.

If the states are where the action is, you can bet it is NAIFA that is getting things done.