American Council of Life Insurers

Principal Financial Group® Chairman, President & CEO Dan Houston Recognized with the 2023 Ray Lillywhite Award by EBRI at the Defined Contribution West Conference in San Diego, CA

Retrieved on: 
Tuesday, October 24, 2023
Finance, Consulting, Professional Services, Small Business, Insurance, Knowledge, Principal, EBRI, Business, Stanford Graduate School of Business, Nottingham University Business School, Policy, United States Senate, Labour, Community foundation, Heart, Wiley (publisher), Segal (company), Workforce, Organization, Conference, University of Pennsylvania, Principal Financial Group, National Equity Fund, Inc., Wharton School of the University of Pennsylvania, Pension, American Council, Mutual Life Insurance Company of New York, Inc., Employee Benefit Research Institute, Retirement, University, Bloomberg, United States Senate Committee on Commerce, Science, and Transportation, Business Roundtable, American Council of Life Insurers, Education, Greater, SIPC, Senate, PFG, Management, Health

Principal Financial Group® chairman, president & CEO Dan Houston received the 2023 Ray Lillywhite Award today from the Employee Benefit Research Institute (EBRI) at the Defined Contribution West Conference in San Diego, CA.

Key Points: 
  • Principal Financial Group® chairman, president & CEO Dan Houston received the 2023 Ray Lillywhite Award today from the Employee Benefit Research Institute (EBRI) at the Defined Contribution West Conference in San Diego, CA.
  • The Employee Benefit Research Institute recognizes Dan with the 2023 Ray Lillywhite Award because of his longtime focus on advanced financial security and retirement programs for employees and employers,” said Barb Marder, president & CEO, EBRI.
  • “I am deeply honored and humbled to receive this year’s Lillywhite Award,” said Dan Houston, Principal chairman, president, and CEO.
  • Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392.​ ©2023 Principal Financial Services, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20231024875953/en/

Voya joins ACLI comment letter on tri-agency proposal for Supplemental Fixed Indemnity Health Benefits and Short-Term Limited Duration Insurance

Retrieved on: 
Tuesday, September 12, 2023
Consulting, Professional Services, White House, Federal Government, Health, General Health, Health Insurance, Asset Management, Hospitals, Public Policy, Government, Insurance, Finance, Accountability Act, Health Insurance Portability and Accountability Act, Voya Financial, Human services, Workplace, ACLI, American Council, American Council of Life Insurers, Life insurance, Treasury, Office of Inspector General, U.S. Department of Health and Human Services, Affordable Care Act, Rural Health Workforce and The Patient Protection and Affordable Care Act, Comment, Hospice and palliative medicine, Care Act 2014, Hospital, Ageing, Labour, NYSE, Family, Health insurance, Ipsos, VOYA

Voya Financial, Inc. (NYSE: VOYA), a leading health, wealth and investment company, announced today that it has joined a comment letter submitted by the American Council of Life Insurers (ACLI) regarding proposed regulations issued by the U.S.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), a leading health, wealth and investment company, announced today that it has joined a comment letter submitted by the American Council of Life Insurers (ACLI) regarding proposed regulations issued by the U.S.
  • The proposed rules would redefine how Short-Term Limited Duration Insurance, Hospital Indemnity Insurance and Other Fixed Indemnity Insurance qualify as Excepted Benefits under the Health Insurance Portability and Accountability Act and the Patient Protection and Affordable Care Act.
  • Voya supports the departments’ desire to protect consumers from mistakenly buying limited insurance policies marketed and sold as comprehensive healthcare coverage.
  • “As a company, Voya fully supports ensuring that consumers understand the products and solutions they purchase to support them and their family’s health needs,” said Rob Grubka, CEO, Workplace Solutions for Voya Financial.

Boston Mutual Life Insurance Company's Christine Williams Selected for American Council of Life Insurers (ACLI) Rising Leader Program

Retrieved on: 
Tuesday, August 29, 2023
Insurance, Life, Workplace, ACLI, American Council of Life Insurers, Boston Mutual Lyceum, Public policy, American Council, Government, Retirement, New England Annual Conference, Conference, Health insurance, Privacy

CANTON, Mass., Aug. 29, 2023 /PRNewswire/ -- Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, is pleased to announce that Christine Williams, Vice President - Chief Compliance, Privacy, and Anti-Money Laundering Officer, has been selected to participate in the American Council of Life Insurers' (ACLI) Rising Leader program. Through the program, participants will develop their knowledge of the work the industry does through ACLI to help more families and individuals build greater financial certainty through all stages of life.

Key Points: 
  • CANTON, Mass., Aug. 29, 2023 /PRNewswire/ -- Boston Mutual Life Insurance Company , a national provider of insurance solutions for individuals and at the workplace, is pleased to announce that Christine Williams, Vice President - Chief Compliance, Privacy, and Anti-Money Laundering Officer, has been selected to participate in the American Council of Life Insurers' (ACLI) Rising Leader program.
  • "We are proud of Christine for being selected to participate in ACLI's Rising Leader program," said Paul A. Quaranto, Jr., Chairman, Chief Executive Officer, and President at Boston Mutual Life Insurance Company.
  • "She is a great team member at Boston Mutual, and her experience and expertise will play an important part in the program as she works alongside her fellow nominated peers to move the life insurance industry forward."
  • To learn more about Boston Mutual Life Insurance Company, please visit https://www.bostonmutual.com/ .

Patriot Mobile Congratulates Alliance Defending Freedom Court Decision Requires the End of Mail-Order Abortion Drugs

Retrieved on: 
Friday, August 18, 2023
Student, Democrats for Life of America, American Council of Life Insurers, Woman, ADF, Four Pillars, Alliance Defending Freedom, Organization, Child, Council, Health, FDA, Death, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Food, Safety, Birth control, Vitis

Grapevine, Texas, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Patriot Mobile Congratulates Alliance Defending Freedom (ADF) in Wednesday’s win, requiring the U.S. Food and Drug Administration (FDA) to protect the health and safety of women and end illegal mail-order abortions drugs.

Key Points: 
  • Grapevine, Texas, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Patriot Mobile Congratulates Alliance Defending Freedom (ADF) in Wednesday’s win, requiring the U.S. Food and Drug Administration (FDA) to protect the health and safety of women and end illegal mail-order abortions drugs.
  • This week’s ruling is evidence of their impact in protecting women and saving babies,” said Leigh Wambsganss, Patriot Mobile Chief Communications Officer.
  • “Every Patriot Mobile customer can celebrate this win as we give a portion of their bills to support these tremendous organizations.”
    In a unanimous ruling Wednesday, the 5th Circuit Appeals Court prohibited abortion providers from sending chemical abortion drugs through the mail.
  • “Patriot Mobile is Pro-Life and Pro-Love,” said Jenny Story, Patriot Mobile Chief Operations Officer.

Thomas Marra Steps Down as Chair of Symetra Financial Corporation Board of Directors

Retrieved on: 
Monday, July 31, 2023
Professional Services, Insurance, Finance, Boston Consulting Group, Sumitomo Life, The Hartford, Culture, ACLI, American Council, IRI, Boston, American Council of Life Insurers, Mutual Life Insurance Company of New York, Organization, Sustainability, Acquisition, Heimeshoff v. Hartford Life & Accident Insurance Co., Management, Symetra, Sumitomo Group

Symetra Financial Corporation (“Symetra”), a wholly owned subsidiary of Sumitomo Life Insurance Company (“Sumitomo”), today announced the resignation of Thomas M. Marra as chair of its board of directors, effective July 31, 2023.

Key Points: 
  • Symetra Financial Corporation (“Symetra”), a wholly owned subsidiary of Sumitomo Life Insurance Company (“Sumitomo”), today announced the resignation of Thomas M. Marra as chair of its board of directors, effective July 31, 2023.
  • “On behalf of Sumitomo and the board, we thank Tom for his service and longstanding commitment to Symetra and its success,” said Kensei Kawaguchi, Managing Executive Officer, Sumitomo Life Insurance Company, and Symetra Financial Corporation board member.
  • “He played an essential role in Sumitomo’s acquisition of Symetra, and in developing the productive relationship between the two organizations as CEO and then as board chair.
  • We wish him well in his future endeavors.”
    Mr. Marra joined Symetra in June 2010 as president and chief executive officer of Symetra Financial Corporation and its insurance subsidiaries, a role he held until February 2018.

Ameritas announces Bill Lester's retirement

Retrieved on: 
Monday, June 5, 2023
Red Ostergard, Insurance, Wilkinson, Society, Society of Actuaries, University, CFA, Catholic Foundation of Manitoba, COVID-19, Business, UNL, American Academy, American Institute of Certified Public Accountants, Celia Kitzinger and Sue Wilkinson, American Council, Certified Public Accountant, Accounting Hall of Fame, American Council of Life Insurers, Acacia Life Insurance Company, Bryan College, Diocese, American Academy of Actuaries, Retirement, MAAA, Investment, Outline of health sciences, CPA, Chartered Financial Analyst, Growth, FSA, American Institute, United Way, University of Nebraska–Lincoln, Commerce, Lester, Management, Nursing, Ameritas, Lincoln

LINCOLN, Neb., June 5, 2023 /PRNewswire/ -- William W. (Bill) Lester, CFA, FLMI, will retire as president and chief executive officer of Ameritas Mutual Holding Company, Ameritas Holding Company and Ameritas Life Insurance Corp., and as chair, president and CEO of Ameritas Life Insurance Corp. of New York, effective Jan. 2, 2024.

Key Points: 
  • LINCOLN, Neb., June 5, 2023 /PRNewswire/ -- William W. (Bill) Lester, CFA, FLMI, will retire as president and chief executive officer of Ameritas Mutual Holding Company, Ameritas Holding Company and Ameritas Life Insurance Corp., and as chair, president and CEO of Ameritas Life Insurance Corp. of New York, effective Jan. 2, 2024.
  • Bill Lester will retire as president and chief executive officer of Ameritas effective Jan. 2, 2024.
  • The board and I thank Bill for his leadership and congratulate him on his retirement."
  • More recently, Ameritas acquired two companies complementing the Ameritas group benefits and retirement plans businesses.

International Industry Leaders Convene at Global Insurance Symposium

Retrieved on: 
Friday, June 2, 2023
Commissioner, Learning, FIG, Greater, General counsel, Education, Aegon N.V., ACLI, BlackRock, American Council, American Council of Life Insurers, NAIC, New York Life Insurance Company, Farmers Insurance Group, Partner, W. R. Berkley, Fintech, Farmer, Management, EIOPA, Transamerica, Insurance

DES MOINES, Iowa, June 02, 2023 (GLOBE NEWSWIRE) -- The 2023 Global Insurance Symposium brought together industry and regulatory leaders from around the world for three days of collaboration, networking and learning in Des Moines, Iowa, – the hub of the U.S. insurance industry.

Key Points: 
  • DES MOINES, Iowa, June 02, 2023 (GLOBE NEWSWIRE) -- The 2023 Global Insurance Symposium brought together industry and regulatory leaders from around the world for three days of collaboration, networking and learning in Des Moines, Iowa, – the hub of the U.S. insurance industry.
  • With the theme of “Thriving in a Changing World,” 500 attendees participated in relevant panels, networking opportunities, breakout sessions and more, gaining valuable insight and direction.
  • “The Global Insurance Symposium offered industry expert speakers and attendees the ideal setting for collaborative efforts as we continue to strengthen the insurance industry heading into the future,” said Jay Byers, President & CEO of the Greater Des Moines Partnership.
  • “Greater Des Moines is an insurance hub, and we were grateful to showcase the innovative work happening in this industry to a global audience.”
    The 2023 Global Insurance Symposium, held in April, featured many notable panelists and featured presenters, offering education and networking opportunities to insurance, insurtech and startup representatives.

Economic Climate Has Retirement Savers Eyeing Guaranteed Lifetime Income and Financial Planning Options, Morning Consult Survey Finds

Retrieved on: 
Thursday, May 25, 2023
Thought, Juvenile life insurance, Labor Department Act, ACLI, Ministry of Labour, Retirement, White, Research, Multimedia, Black, American Council, American Council of Life Insurers, Life insurance, Nursing, Financial adviser

Conducted this month by Morning Consult* for the American Council of Life Insurers (ACLI), the nationwide survey of more than 1000 retirement savers – pre-retirees 45 to 65 years old -- finds 54 percent reporting today's economy has them considering "a guaranteed lifetime income product that pays out like a pension."

Key Points: 
  • WASHINGTON, May 25, 2023 /PRNewswire/ -- New research shows retirement savers are eyeing guaranteed lifetime income products and financial planning options as key financial supports in the current economic environment.
  • Hispanic and Black respondents, in addition to those identifying as "other," reported more favorably to guaranteed lifetime income products in the current economic climate than White respondents.
  • Guaranteed lifetime income products, which life insurers offer through annuities, and access to financial planning options, are two ways retirement savers indicate they can address their concerns," said ACLI President and CEO Susan Neely.
  • Retirement savers agree that long-term planning is complicated, and that it is best to have many retirement options (66%).

AM Best Extends Congratulations to Microinsurance Network on Its Latest Benchmark Study of Inclusive Insurance in Emerging Markets

Retrieved on: 
Monday, April 17, 2023
Other Professional Services, Professional Services, Insurance, AM Best, United Nations, ALL, Life, Risk management, American Council, EDT, Organization, Traction, CEST, American Council of Life Insurers, United Nations Development Programme, News, Microinsurance

AM Best would like to extend its congratulations to the Microinsurance Network on the release of its annual Landscape of Microinsurance study, an important look at the state of development of global microinsurance markets.

Key Points: 
  • AM Best would like to extend its congratulations to the Microinsurance Network on the release of its annual Landscape of Microinsurance study, an important look at the state of development of global microinsurance markets.
  • “Microinsurance continues to gain traction thanks to the work of organizations like the Microinsurance Network, and this study highlights the ongoing support from global insurance providers to some of the world’s most vulnerable economies with protection through insurance,” said Keenan.
  • For more information about the Microinsurance Network and the upcoming Landscape of Microinsurance study webinar, please visit the Microinsurance Network website .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Crum & Forster Receives Diversity & Inclusion Award from the American Property Casualty Insurance Association

Retrieved on: 
Wednesday, April 12, 2023
Workforce, Property & Casualty Management Systems, Culture, Life, Forster, American Council, American Council of Life Insurers, New York Life Insurance Company, Fairfax Financial, Inclusion, DEI, Financial services, Management, Insurance

MORRISTOWN, N.J., April 12, 2023 /PRNewswire/ -- Crum & Forster (C&F) was honored with the 2023 Diversity & Inclusion Property Casualty Company Award at the recent DEI: Expanding Opportunity in Insurance conference held in Washington, D.C.

Key Points: 
  • MORRISTOWN, N.J., April 12, 2023 /PRNewswire/ -- Crum & Forster (C&F) was honored with the 2023 Diversity & Inclusion Property Casualty Company Award at the recent DEI: Expanding Opportunity in Insurance conference held in Washington, D.C.
  • The award, presented by the American Property Casualty Insurance Association (APCIA), recognizes an insurer committed to promoting initiatives to advance diversity, equity, and inclusion in the workforce, on company boards, and in supply chains.
  • Barbra Katz, C&F's Chief Human Resources Officer, and Mari Marques-Thomas, Vice President, Inclusion & Belonging at C&F, accepted the award on behalf of the company.
  • "Crum & Forster has made great progress on our journey thus far, and we will continue to do more.