NAIFA-Texas: Advocacy at the State Level
Quarterly Lobbyist Update: Post Runoff and Special Election Debrief
On July 21st, NAIFA-Texas hosted the first event of our new Quarterly Lobbyist Update (QLU) series! We were joined by NAIFA-Texas lobbyist, Elizabeth Hadley, and her Washington, D.C. colleague, Monica Schulteis, for a post primary runoff election debrief on the state and federal level. This engaging discussion painted the picture for what the ballot will look like in November and the races to look out for.
Mark your calendars for the next QLU on Tuesday, October 20th at 10 AM CDT! Please note that this event and future QLU events are reserved for members only. If you are interested in taking advantage of this member benefit, head over to our Membership page and join NAIFA-Texas today!
For a complete list of the primary runoff and special election results, please click here.
Election and Legislative Update with Elizabeth Hadley, Greenberg Traurig
What goes on within the Capitol in Austin affects all Texans. With this election year predicted to be unlike any other, followed by the upcoming 2021 Legislative Session, NAIFA-Texas has been working closely with our lobbying firm, Greenberg Traurig, to make sure we have a seat at the table to protect and defend our industry.
Please watch this video from our lobbyist, Elizabeth Hadley, to learn more about the current state of events and what is to come. Also, join us on July 21st for a full debrief and Q&A of the runoff election results. Register here!
Click here to view the list of Primary Run-off and Special Election races.
703 Reasons to Be a Member
Based on dues and the number of bills that could affect your book of business, it would have cost you $1.07 per bill, per day to watch each each of the bills that NAIFA-Texas watched for you at the state level during the 86th Legislative Session. If you tried to watch, analyze, and respond to all of the bills - 703 of them that affected our industry - you would lose valuable time and money. NAIFA-Texas does all of this for you!
86th Legislative Session Accomplishments
During the 86th Legislative Session, NAIFA-Texas worked with associations and stakeholders to pass four bills.
- SB 1264: Puts a stop to surprise medical bills.
- HB 2820: Eliminates duplicative regulation and places the authority for regulation of 403(b) products within the Texas Department of Insurance.
- HB 259: Prohibits named driver policies, but allows insurers to add an endorsement to a policy that excludes coverage for a driver specifically named in the endorsement.
- SB 615: Sunset legislation pertaining to the Texas Windstorm Insurance Association. Establishes a process for automatic renewal of policies and acceptance of certain payment methods; formally authorizes TWIA to provide supplemental payments; determines replacement cost at effective date of policy rather than at the time of property loss; and transfers the issuance of certificates of compliance from TWIA to the Texas Department of Insurance.
For more detailed information about each of the above bills, please click here.
When the legislature is not in session, NAIFA-Texas is still working hard to protect your industry and the interest of your clients. We monitor the Texas Department of Insurance, the Texas State Securities Board, the Texas Ethics Commission, the Teacher Retirement System, and other agencies/organizations for new and changing rules. We want to ensure we are present when there is a request for comments, subject matter expertise, or testimony. The campaign season is our opportunity to monitor candidates who are running for office and cultivate relationships in preparation for the next legislative session.
NAIFA National: Advocacy at the Federal Level
NAIFA is the only organization representing insurance and financial advisors regardless of the products they sell or the focus of their practice.
Visit NAIFA's Main Advocacy Page to learn about Federal Issues & Positions, find the Legislative Action Center, view GovTalk communications and more.
View NAIFA's 2018 Advocacy Victories and Accomplishments.