ACLI

U-Haul Holding Company Announces the Retirement of Oxford Life Insurance Company President Mark Haydukovich

Retrieved on: 
Tuesday, January 30, 2024
Accounting, Health, Professional Services, Insurance, Health Insurance, Business administration, Growth, ACLI, Distinguished Service Award, U-Haul, University of Arizona, UHAL, American Council, Northern Arizona University, Risk, Acquisition, Face, Arizona State University, Management

U-Haul Holding Company (NYSE: UHAL, UHAL.B), the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, announced today that Mark Haydukovich, President of Oxford Life Insurance Company (Oxford), will retire after a 45-year career.

Key Points: 
  • U-Haul Holding Company (NYSE: UHAL, UHAL.B), the parent company of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, announced today that Mark Haydukovich, President of Oxford Life Insurance Company (Oxford), will retire after a 45-year career.
  • He went on to hold the titles of Oxford treasurer and senior vice president before being named president in 1997.
  • Within four years, Mark was effectively managing the company,” stated Joe Shoen, Chairman of U-Haul Holding Company.
  • He led the Company as it started selling life insurance and annuity products, which he credits for helping Oxford continue to grow.

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/ .

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.

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%).

Laura Favinger, Triple-I’s Chief of Staff, to Retire

Retrieved on: 
Wednesday, March 29, 2023
Insurance, Professional Services, Ivan Allen College of Liberal Arts, University, College, Information International, Inc., Life, Public policy, Insurance Information Institute, Liberal arts education, ACLI, American Council, Carsey School of Public Policy, American Council of Life Insurers, Government, Mutual Life Insurance Company of New York, UNH, Zurich Insurance Group, ELC, Unum, Personality, Management

Laura Favinger, chief of staff at the Insurance Information Institute (Triple-I), is retiring this week after a distinguished 30-plus year career in the insurance industry, the Triple-I announced today.

Key Points: 
  • Laura Favinger, chief of staff at the Insurance Information Institute (Triple-I), is retiring this week after a distinguished 30-plus year career in the insurance industry, the Triple-I announced today.
  • At the same time, I wish Laura the very best as she begins a new chapter in her life.”
    Favinger joined the Triple-I in 2018 as its chief administrative officer.
  • She previously had served as a senior vice president at Zurich North America, heading up its government and industry affairs operations.
  • Her retirement was announced within Triple-I a few weeks ago and will take effect on Friday, March 31.

The Institutes Griffith Foundation Welcomes New Advisory Council Members, Charles Chamness and Jillian Froment

Retrieved on: 
Thursday, February 16, 2023
Insurance, Professional Services, National Association of Insurance Commissioners, ACLI, Norfolk, Ohio Department of Insurance, Federal Advisory Council, National Infrastructure Advisory Council, Advisory Council, WSRB, American Council of Life Insurers, Interstate Insurance Product Regulation Commission, National Association, United Nations Information and Communication Technologies Task Force, Bain Capital, Chau Cham-son, Engineering, American Council, Executive Committee, NASA Distinguished Service Medal, NAIC, Ohio State University, New York Life Insurance Company, Innovation, EU, Multimedia, Public policy, Capital University, The Norfolk & Dedham Group, Froment, Indiana University

The Institutes Griffith Foundation is pleased to announce the two newest members of the Advisory Council, Charles M. Chamness and Jillian Froment, J.D.

Key Points: 
  • The Institutes Griffith Foundation is pleased to announce the two newest members of the Advisory Council, Charles M. Chamness and Jillian Froment, J.D.
  • Both Chamness and Froment will help to advance Griffith’s mission to provide non-advocative, non-partisan education to public policy members.
  • Froment is executive vice president and general counsel at the American Council of Life Insurers (ACLI) .
  • Additionally, she was a member of the Federal Advisory Council on Insurance and a steering committee member for the EU-US Insurance Dialogue Project.

AM Best to Sponsor ACLI-SOA’s ReFocus 2023 Conference

Retrieved on: 
Monday, January 23, 2023
Finance, Banking, Accounting, Professional Services, Insurance, Society, SOA, ACLI, American Council of Life Insurers, Cosmopolitan, News, Society of Actuaries, American Council, ALL

AM Best is sponsoring the ReFocus 2023 conference, an annual insurance industry event co-hosted by the American Council of Life Insurers (ACLI) and the Society of Actuaries (SOA) in Las Vegas, NV.

Key Points: 
  • AM Best is sponsoring the ReFocus 2023 conference, an annual insurance industry event co-hosted by the American Council of Life Insurers (ACLI) and the Society of Actuaries (SOA) in Las Vegas, NV.
  • ReFocus 2023 will take place Feb. 26–March 1, 2023, at the Cosmopolitan of Las Vegas.
  • AM Best is a gold-level sponsor of the networking breakfast on Monday, Feb. 27.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Matt McAvoy Recognized with the 2022 Douglas Mooers Award for Excellence

Retrieved on: 
Monday, December 5, 2022
McAvoy, Retirement, American Council of Life Insurers, Monaco Heliport, Life, National Association, Patriot Act, Economics, Life insurance, North American Pet Health Insurance Association, Life Happens, ACLI, Armed Forces & Police Mutual Benefit Association, Inc, American Council, Benedictine College, Insurance, Long-term care, Financial services, Financial adviser, Management

FAIRFAX, Va., Dec. 5, 2022 /PRNewswire-PRWeb/ -- NAILBA's most coveted and prestigious accolade, the Douglas Mooers Award for Excellence, was presented to Matt McAvoy at NAILBA's 41st annual meeting in Dallas, TX. The Mooers Award honors distinction in brokerage and is presented to the individual most committed to furthering independent life brokerage as a distribution system, and who demonstrates an exemplary record of community service. McAvoy currently serves as Principal, Great Plains Divisional President for Ash Brokerage.

Key Points: 
  • FAIRFAX, Va., Dec. 5, 2022 /PRNewswire-PRWeb/ -- NAILBA's most coveted and prestigious accolade, the Douglas Mooers Award for Excellence, was presented to Matt McAvoy at NAILBA's 41st annual meeting in Dallas, TX.
  • The Mooers Award honors distinction in brokerage and is presented to the individual most committed to furthering independent life brokerage as a distribution system, and who demonstrates an exemplary record of community service.
  • McAvoy currently serves as Principal, Great Plains Divisional President for Ash Brokerage.
  • His advocacy for our profession and clients has fundamentally changed the way we do businessvery much for the better."