Monday, February 9, 2015

2015 January/February Administrator Retiring

Linda Fox, NAIFA-Washington’s Administrator will be retiring on June 30, 2015. Linda stepped in when I retired in 2008. There was a lot to learn in a very short time and she learned quickly. Linda’s hard work and dedication is evident in everything she does.   

Linda has always been the “go to person” for whatever you needed. Her friendly outgoing, energetic personality is loved by all.

Please join us in saying thank you and let her know she will be greatly missed. Best wishes, Linda for a great retirement…you deserve it!

Cheryl McCracken

2015 January/February NAIFA-Washington Convention


What are you waiting for?  Check out this 1907 Pierce Great Arrow 4 Cylinder
Touring Motor Car and 300 plus more vintage to modern day vehicles!

When: Wednesday Noon June 3 -- Friday 11 AM June 5, 2015

Where: Best Western Tacoma Dome Hotel, 2611 East E Street,
Tacoma, WA 98421

Conveniently located off the City Center Exit of I-5

Who: All Local and State Officer, Board Members, Committee Chairs, Delegates from Locals, and incoming 2015-2016 Officers, Board Members and Committee Chairs, and Members of NAIFA

2015 January/February LILI

LILI Graduates Two from NAIFA Washington!

This year NAIFA Washington joined NAIFA Oregon for our 2014 Leadership In Life Institute class.  We met in Vancouver with 6 participants from Oregon.  Success is when someone lets you know LILI changed their life dramatically and their business grew beyond their expectations!  We have our last class and graduation ceremony on February 20th at Vancouver, Washington’s historic “Grant House”. 
 Congratulations, Joe & Jim!! Your Journey Begins…

Joseph M. Newman, LUTCF, FIC, LCTC

James A. Scott, Sr., LUTCF

WANTED:  Students for the   2015  LILI  Class   
Please contact me for Class registration and information.
Sharon L. Sparling, State LILI Chair/Moderator; (360) 708-3210;


2015 January/February Government Relations

A Successful NAIFA Washington & WAHU “Day on the Hill”

This year’s “Day on the Hill” was great with about 100 attendees.  Our Lobbyist, Mel Sorensen, again, had a lineup of speakers that were stellar: 

· Catherine Bailey, Director of Healthplanfinder Business

· Senator Jan Angel (R, 26th Legislative District, Majority Caucus vice Chair)

· Representative Eric Pettigrew (D, 37th Legislative District, Majority Caucus Chair)

· John Mangan, Regional Vice President, American Council of Life Insurers

· Jason McGill, Health Policy Advisor – Office of the Governor

· Grace Campbell, Regional Director, State Affairs, America’s Health Insurance Plans

· Sydney Smith Zvara, Executive Director, Association of Washington Healthcare Plans

Attendees got a chance to hear the Update on the Washington Health Benefit Exchange-Healthcare Open Enrollment, Legislative Budget and Policy Priorities for the 2015 Legislative Session, Priorities of Life Insurers and Governor Inslee’s Health Policy Objectives for the 2015 Session.  The best of the morning’s session was the Q&A for the speakers.   We don’t always get the answer we want but we do get our voices heard.


Thursday, February 5, 2015

2015 January/February Legislation

Legislative Report
OIC Request Legislation Modernizing Life Insurance Reserve Requirements Moves Forward in the Senate and House
On Wednesday, January 21 the Senate Financial Institutions & Insurance Committee Friday, held a hearing to consider SB 5180—a measure introduced at the request of Insurance Commissioner Mike Kreidler to adopt the NAIC updates to the Standard Valuation and Standard Nonforfeiture laws, including a new approach based on principle-based reserves. The American Council of Life Insurers, Allstate, American Family Insurance, and USAA testified in support of the bill. The OIC also spoke in favor of the bill. The committee took action and approved a “do pass” recommendation on the bill on Friday, January 23. The bill has been referred to the Senate Rules Committee in preparation for consideration on the Senate floor.
A House version of the bill (HB 1076) was approved by the House Business and Financial Services Committee on January 20. HB 1076 has been referred to the House General Government & Information Technology Committee for consideration of the fiscal note on the measure that has been prepared by the OIC. The committee has scheduled a hearing on the measure for Tuesday, February 3. This is a routine referral for review of the fiscal note, and is not expected to significantly delay the progress of the bill. The bill has already been placed on a list of bills to be brought to a vote.