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AFA Advocacy Plus Newsletter

Advocacy Activities – August 2020

A new task force has been created to help the Alliance address any state issues that may emerge in the coming years.  This task force has met twice by phone with staff to create a charter, identify leaders, and to develop a framework for cataloging fraternal champions and other important state statistics.  Thank you to Sharon Brosnan of Thrivent, and Tim Saccoccia of Knights of Columbus, for volunteering to serve as co-chairs of this important task force. 

Raising awareness of fraternal Congressional Resolutions H CON RES 27 and S CON RES 9. 84 House Co-Sponsors Signed | 28 Senate Co-Sponsors Signed

Alliance Virtual Education Opportunities

August 19: Monthly Compliance Update & Discussion

11:15 – 11:45 a.m. CST

Did you know the Alliance has retained compliance expert First Consulting to create helpful charts that are regularly posted to the website?  We’ll talk about the latest information on these charts and we will answer questions, discuss compliance challenges, and determine other ways the Alliance/First Compliance team can be of service. Read More

August 26: Direct Elections – Fraternal Governance

11:15 a.m. – 12:15 p.m. CST

Learn from Alliance retained counsel Todd Martin from Stinson how this method of governance — the direct election structure — can result in more engagement and better decision-making at your society. Topics will include:

  • History of society governance

  • Societies that have recently moved to direct elections

  • Pros and cons of direct elections including how recent crises affect governance

  • An interactive audience session will also provide some context and perspective on this issue from other society leaders.

Join us if you have moved or are considering a move to this form of governance. Read More

Partnership with LIC – Complimentary Registration for Fraternal Executives at Upcoming Virtual Events

Through a new partnership, the Alliance is happy to announce it will subsidize the registration fees for fraternal executives who wish to participate in the Life Insurance Council’s virtual events that are known to foster valuable interaction. Membership in LIC is not required.  Click here for details on the LIC line-up of events and email info@fraternalalliance.org to obtain complimentary registration.

Events include:

LIC Summer CEO Forum - Virtual Meeting Co-Sponsored by the Alliance
For Insurance Company CEOs/Presidents Only
Tuesday, August 25, 2020

LIC Fall HR Committee Meeting - Virtual Meeting Co-Sponsored by the Alliance
Tuesday, September 30, 2020

LIC Fall Operations Committee Meeting - Virtual Meeting Co-Sponsored by the Alliance
Wednesday, October 7, 2020

LIC Fall Technology & Project Management Committee Meeting - Virtual Meeting Co-Sponsored by the Alliance
Wednesday, October 14, 2020

LIC Pre Need Forum - Virtual Meeting Co-Sponsored by the Alliance
The Future of Preneed
Wednesday, November 18, 2020 – Thursday, November 19, 2020


Fraternal Benefit Society Member News

Foresters Financial Launches Children’s Whole Life Insurance

Foresters Financial™ (Foresters) announced it is now one of very few industry players to offer standalone Children’s Whole Life Insurance, with the launch of BrightFuture. Read More

Catholic United’s new CEO focuses on tech venture, charitable mission.

Michael Ahles has been on the front lines of Conventus Now, created in August 2019 with Catholic Financial Life, based in Milwaukee. Read More

Medical team holding sandwiches. Thank you Foresters Insurance from Sechelt Hospital.

Pope Francis Recognizes Knights of Columbus for Building "Fraternal, Just and Equitable World" as Knights Begin 138th Annual Convention

For the first time in its 138-year history, the Knights of Columbus will not meet in person for its annual supreme convention. Read More

Fraternals Respond: COVID Aid by Alliance Members Making a Significant Impact

Alliance members are fulfilling their missions through swift and substantial actions since the start of the COVID-19 crisis.  Read here how our societies are helping members and communities through a wide variety of programs.  Let’s keep adding to this list!  Email info@fraternalalliance.org with details on how your fraternal is making a difference.

Fraternal Members volunteering.

Associate Members

Griffith, Ballard & Company Releases Report on Emerging Revisions to Key Interest Rates for Life Insurance Issues in 2021

The Alliance will partner with Griffith, Ballard & Company on a webinar on this topic on September 23 at 11:15 am Central.  Mark your calendars – registration will open soon. Read More

Wellington: Explore Insights from Our Investors and Thought Leaders.

Read More

Kroll Bond Rating Agency (KBRA) – Assigned Ratings

KBRA Assigns Insurance Financial Strength Rating to National Catholic Society of Foresters (NCSF). Read More

Equisoft Offers Complimentary Webinars for Fraternal Members

Read More


Regulation

NAIC Announces Special Committee on Race and Insurance

In addition to the formation of the committee, the NAIC will hold a special session on Race and Insurance during its Summer National Meeting. Read More

Fraternal Members volunteering.

Industry News

Alliance Lobbyist Firm Provides Latest COVID Relief Information.

Read More

The State of the Life Insurance Industry Is Good

A working agent says plenty of solid companies and solid products are still out there. Read More

COVID-19 Increased LTCI Claimant Mortality 30%: Unum

Company executives say the effect on life insurance claims was surprisingly high. Read More

Education Partner LIC Releases Annuity Survey Report.

For more information on the LIC, please contact jshaw@limra.com. Click Here to Read the Survey Results


Thanks to Our Event Sponsors

Connect NOW Sponsor:

LIDP Consulting Services Logo

Education Sponsors:

BKD CPAs & Advisors Logo MacQuarie Logo
Optimum Life Reinsurance Logo Securian Asset Management Logo

American Fraternal Alliance
PO Box 68700, Indianapolis, IN 46268-0700 | 20 F Street NW, Suite 510, Washington, DC 20001
630-522-6322
| fraternalalliance.org

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