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1 min read

The WISH Act-- What Is It?

By Bianca Alonso NAIFA-Texas Government Relations Manager on 7/14/21 5:17 PM

Rep. Tom Suozzi (D-NY) has filed H.R. 4289,  the "Well-Being Insurance for Seniors to be at Home (WISH) Act." The WISH Act would impose a 0.3% payroll tax on workers and 0.3% payroll tax on employers. The monthly benefit would start at $3,6000 and rise with inflation.

Topics: Certifications & Designations Advocacy Long Term Care #NAIFAProud State Advocacy Federal Advocacy

Texas Department of Insurance Issues Bulletin

By Bianca Alonso NAIFA-Texas Government Relations Manager on 7/14/21 12:40 PM

The Texas Department of Insurance has issued a bulletin listing major changes to agent licensing provisions during the 87th Legislature. Those include:

Topics: Certifications & Designations Advocacy #NAIFAProud Legislative & Regulatory Voice of the Agent State Advocacy

Special Session Begins!

By Bianca Alonso NAIFA-Texas Government Relations Manager on 7/8/21 10:00 AM

The 87th Texas Legislature is back in the Capitol today to start their first special session of the year. (Yes, that means there are more to come!)

Governor Abbott called the legislature back to Austin to address certain legislative priorities that did failed to pass or were not addressed during the regular session. The call items for what the Texas House and Senate must pass can be found here. Items include banning the teaching of critical race theory in public schools, election and voting protocols, social media censorship, bail reform, and more. 

NAIFA-Texas will be monitoring the special session and providing updates to our membership.

Topics: Advocacy #NAIFAProud Legislative & Regulatory State Advocacy
1 min read

NAIFA-TX & Principal Event - June 16th

By Bianca Alonso NAIFA-Texas Government Relations Manager on 6/9/21 2:17 PM

Join NAIFA-Texas sponsor, Principal Financial Group, on June 16th as they present a leadership directed virtual discussion panel! 

Topics: Advocacy #NAIFAProud NAIFA Events Grow Your Business leadership small business State Advocacy Member Spotlight
2 min read

New Texas Law Enhances Protections for Annuity Consumers

By NAIFA on 6/8/21 10:46 AM

Legislation signed recently by Governor Greg Abbott enhances protections for Texas consumers seeking lifetime income through annuities. Championed by House Insurance Committee Chairman Dr. Tom Oliverson and Senate Business & Commerce Chairman Kelly Hancock, the new law enhances the standards financial professionals must follow while preserving consumers’ ability to access the tools they need for a secure retirement.

Topics: State Advocacy Interstate Advocacy Press Release

That's a Wrap On The 87th #TxLege!

By Bianca Alonso NAIFA-Texas Government Relations Manager on 6/2/21 5:10 PM

The 87th Texas Legislative Session is over... for now. This session has been anything but ordinary. However, that did not stop NAIFA-Texas from making our presence known, both inside the Capitol, as well as, virtually.  Members- Find out how our legislative priorities stacked up next Tuesday, June 8th at 10 AM as our lobbyist, Elizabeth Hadley, provides a legislative review and an outlook of what is to come! Click here to register for this exclusive member-only virtual event!

Topics: Advocacy #NAIFAProud NAIFA Events State Advocacy Member Spotlight
1 min read

Brent Hill: June Member Spotlight

By Bianca Alonso NAIFA-Texas Government Relations Manager on 6/2/21 3:49 PM

This month, our member spotlight is on Brent Hill - one of the newest members of the NAIFA-Texas Board of Directors! Brent recently celebrated this 5 year NAIFA-anniversary which aligned perfectly with him being our member spotlight. We sat down with Brent and learned about his journey with NAIFA, his expectations upon starting out, and how he has grown with leadership opportunities.

Topics: Advocacy #NAIFAProud NAIFA Events Member Members State Advocacy Member Spotlight
1 min read

Quarterly Lobbyist Updates Are Back!

By Bianca Alonso NAIFA-Texas Government Relations Manager on 5/27/21 7:45 AM

After a little hiatus due to our virtual Day at the Capitol event earlier this year and the 87th legislative session kicking into high gear, the Quarterly Lobbyist Update series is back! This session was unlike any other due to the impacts of COVID-19 and an unpredictable winter storm (just to name a few), and it certainly was not boring. 

Topics: Advocacy #NAIFAProud NAIFA Events Member Members State Advocacy Federal Advocacy
2 min read

Texas Legislature Passes NAIC Model for Annuity Transactions

By NAIFA on 5/20/21 4:21 PM

NAIFA-Texas has been hard at work ensuring that the Texas legislature adopts the National Association of Insurance Commissioners (NAIC) model for a “Best Interest” standard for annuity products this legislative session. Partnering with Texas Association of Life and Health Insurers (TAHLI), we have met with multiple offices and other stakeholders to ensure clarity and support from those within the Texas Capitol. State Rep. Tom Oliverson, M.D. (R-Cypress), chair of the Texas House Insurance Committee is the bill's author.

On March 23, 2021, Jason Talley, NAIFA-Texas Past President, represented NAIFA-Texas by testifying in support of HB 1777 before the Texas House Insurance Committee. This bill passed unanimously out of committee and passed in the Texas House 144-1. Once it reached the Texas Senate, it was referred to the Senate Committee on Business & Commerce. Due to a time constraint before the first bill filing deadline of the session in early March, there was no Senate companion bill nor a Senate author. NAIFA-Texas and TALHI were able to get Chairman Kelly Hancock (R-Fort Worth) to carry this bill in his own committee. On May 13, 2021, this bill was heard in a formal hearing where NAIFA-Texas submitted written testimony in support. There was no opposition.

Topics: Annuities Legislative & Regulatory State Advocacy
1 min read

Clock is Ticking - Congressional Conference Is Around the Corner!

By Bianca Alonso NAIFA-Texas Government Relations Manager on 5/19/21 6:13 PM

Less than a week until the 2021 (virtual) Congressional Conference! This year's event is FREE for both members and non-members.

Topics: Advocacy #NAIFAProud Networking Marketing NAIFA Events Member Blogs Sales & Marketing Members leadership NAIFA State Advocacy Leaders Federal Advocacy

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