Decoding D.C.

AALU’s weekly policy update with the latest information from Washington, focused on implementation issues surrounding the Tax Cuts and Jobs Act.

Endorsed Candidate spotlight: Sen. Gary Peters (D-MI) & Rep. Drew Ferguson (R-GA-3)

This week, we highlight two AALU-endorsed candidates: Sen. Gary Peters (D-MI) and Rep. Drew Ferguson (R-GA-3). Both of these lawmakers serve on committees that directly impact the profession, have a great understanding of our issues, and have strong relationships with AALU Ambassadors. We are proud to endorse both of these representatives in 2020! Sen. Gary…

Coronavirus Response, Reg BI Form CRS, and More

March 13, 2020 Washington Update Congress Considers Economic Package to Address Coronavirus The novel coronavirus, labeled a pandemic by the World Health Organization earlier this week, has taken center stage in Washington. President Trump addressed the nation from the Oval Office Wednesday night, laying out a series of proposals to address the crisis. Trump proposed...

Ambassadors in Action: The Momentum Continues

Our AALU Ambassadors are off to a great start, building on the tremendous momentum of their 2019 successes. Over the past few weeks, nearly 200 Ambassadors have enrolled in the program, contributed over $200,000 to AALU PAC and campaigns, and held over a dozen meetings with key lawmakers so far this year. In early February,…

2020 Democratic Primaries

Click here to see the 2020 Democratic Delegate tracker. Following poor performances by Sen. Elizabeth Warren, progressives have thrown their support behind Sanders. The struggle for moderates will be whether they can rally around a single, alternative candidate in time to catch or beat Sanders. In the last few days, centrist Democrats have called on…

MA Fiduciary | COLI & NY 187 | 2020 Primary Season

February 28, 2020 Podcast: Freshman Congressman Denver Riggleman [R-VA-5] This month, the AALU podcast brings to you Rep. Denver Riggleman [R-VA-5]. Rep. Riggleman, who serves on the House Financial Services Committee, is a former military intelligence official in the U.S. Air Force and a distillery owner with a gregarious personality. In this episode, we chat...

Endorsed Candidate Profile: Rep. Tom Suozzi [D-NY-3]

Rep. Tom Suozzi, trained as an attorney and CPA, has been representing the Third Congressional District in New York since 2016. He is a member of the powerful Ways and Means Committee, the chief tax-writing committee of the House of Representatives; serving on both the Oversight and Tax Policy subcommittees. Congressman Suozzi is also the…

Oh, to be a Fly-in the Walls of Congress

It’s no secret that our lawmakers need help understanding complex issues. Of the 535 current Members of Congress, only 21 have background in any type of insurance, while there are 42 former prosecutors, 41 former mayors, 16 physicians, 7 ordained ministers, an almond farmer, and even a former NFL player. These Members vote on legislation…

NEW SEC Guidance | The Art of the Fly-In | Last Chance to VOTE

February 14, 2020 Washington Update Parties Spar Over TCJA’s Corporate Tax Cut At Ways & Means Hearing This week’s Ways and Means Committee hearing on the corporate tax rate was a partisan affair during which it was clear that the two parties are operating off of two different sets of facts. The opening statements from…

The SECURE Act and Your Practice | Iowa Caucuses and More!

January 31, 2020 Register for Capitol Hill Club Day: Advocate to Elevate Your Profession Transform 2020 is just around the corner! Sign up today to join us for Capitol Hill Club day on April 28th – the final day of Transform. Add your voice to the halls of Congress, meet with your representatives, and advocate...

15 Days: Are You Prepared for NY’s Best Interest Rule?

January 17, 2020 Register for Capitol Hill Club Day Transform 2020 is just around the corner… Sign up today to join us for Capitol Hill Club day on April 28th – the final day of Transform. Add your voice to the halls of Congress, meet with your Representatives, and advocate for your profession! To sign...

AALU Endorsed Candidate Spotlight: Rep. Linda Sánchez [D-CA-38]

Rep. Sánchez and AALU Ambassador Marc Schwartz grab coffee in Los Angeles in August of 2019 Rep. Linda Sánchez has been a strong progressive voice for California’s 38th District since 2002. In her 18 years of service, Rep. Sánchez, has become a leader within the Democratic party and a major player among powerful committees in…

AALU’s Historic Advocacy Year in Photos

January 3, 2020 With the strong growth and engagement of AALU Ambassadors, we’ve had an outstanding year! We have built new relationships on Capitol Hill, educated hundreds of lawmakers and staff, and advocated successfully on behalf of your business and your clients. Just this year, we created 55 new relationships between Ambassadors and lawmakers, raised…

AALU WIN: SECURE Act Soon To Be Law

December 20, 2019 SECURE Act Soon to Become Law – Included in Spending Deal Passed Yesterday Financial security professionals received good news this week when congressional leadership included the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) in their end-of-the-year legislative package. On Monday, congressional leadership released the details of…

AALU Scores Advocacy Win with Treasury’s TFV Regulations and More

December 6, 2019 AALU Scores Advocacy Win with Treasury’s TFV Regulations Life insurance practitioners working in the COLI/BOLI marketplace have waited with bated breath for the Treasury Department’s transfer for value regulations since the Tax Cuts and Jobs Act (“TCJA”) was passed in 2017. For readers less familiar with the issue, the TCJA modified the…