American Council of Life Insurers

The American Council of Life Insurers (ACLI) is a Washington, D.C.-based lobbying and trade group for the life insurance industry. ACLI represents 290 insurance companies that account for 95 percent of the U.S. life insurance industry's total assets. According to its website, ACLI represents "legal reserve life insurance companies and fraternal benefit societies operating in the United States before federal and state policymakers, insurance departments, and the courts." The group was founded in 1976.

ACLI headquarters on Constitution Avenue

Susan K. Neely is the organization's president and chief executive officer. She succeeded former Governor of Idaho Dirk Kempthorne, who led ACLI from 2010 to 2018.[1] Prior to that, former Oklahoma Governor Frank Keating led ACLI from 2003 to 2011.[2]

Legislation
  • Insurance Capital Standards Clarification Act of 2014 (S. 2270; 113th Congress) - ACLI lobbied in favor of this bill, buying advertisements in several Washington, D.C. newspapers.[3] ACLI stated that "there is broad agreement on this position... The Obama administration, Democrats and Republicans in the House and the Senate, state and federal regulators and private industry all agree that life insurers should not be subject to capital standards more suited for the business of banking."[4]

References
  1. Wilson, Megan R. (10 January 2018). "Kempthorne, leader of life insurers trade group, to step down". The Hill. Retrieved 5 June 2023.
  2. Palmer, Anna (15 January 2010). "Keating Set to Exit ACLI; Pomeroy, Kerrey Eyed as Replacement". Roll Call. Retrieved 5 June 2023.
  3. Postal, Arthur D. (3 June 2014). "'Collins Amendment' to Get Expedited Treatment in Senate". Property Casualty 360. Retrieved 4 June 2014.
  4. Postal, Arthur D. (3 June 2014). "Senate shoves through Collins Act". Life Health Pro. Archived from the original on 6 June 2014. Retrieved 4 June 2014.
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