President’s Blog


20
Nov 2017

For this great American holiday, the American Fraternal Alliance thanks its member societies for their generosity and spirit of giving to those in need.

OAK BROOK, IL November 20, 2017 — The American Fraternal Alliance (Alliance), the national trade association representing 62 fraternal benefit societies in the U.S. and Canada, announced today that, as of November 10, 2017 its member societies have contributed $10,166,381 to relief efforts from recent hurricanes,

 » Read more about: Fraternal Benefit......

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20
Nov 2017

At the end of the day, giving is what distinguishes fraternals from our commercial insurance colleagues. The impact of our giving spreads in concentric circles: first to our members; then to the communities in which they live and work; and finally, to the nation and world.

Fraternals give of themselves to help those who need it every day. But in times of crisis, the need – and the fraternal response – is greater......

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13
Nov 2017

As expected, late last week the U.S. Senate jumped into the tax reform debate with the introduction of Senate Finance Committee Chairman Orrin Hatch’s “Chairman’s Mark” measure.  The Senate version of the tax reform proposal has the same basic goals as the House bill (H.R. 1), which was passed on a party line vote last week by the Ways and Means Committee: simplification of the Tax Code with modest reductions in individual tax......

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06
Nov 2017

Last Thursday, the House Ways and Means Committee released its tax reform bill to reduce corporate tax rates and compress individual rates. We are happy to report that all exemptions in the 501 section of the Tax Code, including our 501(c)(8) exemption, are retained. The Alliance is still working our way through the provisions that may have a specific impact on life insurers but in our initial review there do not appear to be provisions directly impacting the taxation of life insurance products.

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30
Oct 2017

OK, so maybe I’m overstating the potential impact of the information I’m going to share with you in this week’s post, but nonetheless, the links below will help make you a lively conversationalist at upcoming holiday parties. And keep your eyes open for a special blog posting later this week when we have had a chance to examine the GOP’s tax reform bill to determine its impact on the fraternal community. Enjoy…jja


24
Oct 2017

Last week, the Senate adopted a budget for the next fiscal year. Once House and Senate leaders work out their differences, and a final budget is passed by the House (which they appear to be voting on this Thursday) this would clear the way for prompt movement on the GOP-backed tax reform measure. This is because the budget resolution will include reconciliation instructions that will allow a tax bill to pass with only 51......

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16
Oct 2017

My wife and I got back from New York City late last night. We were there to babysit our two-month old twin grandchildren for four days while our son and daughter-in-law attended a wedding in Washington, D.C.

I learned many lessons during that time, the most important of which is that the Creator designed things so that you have children when you’re young.

The doctor said the comatose-like symptoms would pass in a week or so,

 » Read more about: The prognosis for a full......

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10
Oct 2017

Retailers, as this story in the Wall Street Journal points out, are going back to basics when it comes to teaching millennials – that vast pool of potential “uber-consumers” – how to use their products.  Yes, it seems like individuals between the ages of 24-27 spent so much time being chauffeured around to sporting events and concert recitals (which their parents undoubtedly – and probably mistakenly – believed......

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06
Oct 2017

OAK BROOK, IL October 6, 2017 – The American Fraternal Alliance welcomed two new fraternal executives to its Board of Directors at the 2017 Annual Meeting, September 6-8, in Chandler, Arizona:  Matthew E. (Matt) Ellis, Executive Vice President, Secretary and General Counsel, WoodmenLife; and Joe Alvarez, VP, Operations and Information Technology at FaithLife Financial.

“The Alliance and its member societies congratulate Matt and Joe on their election to serve as Directors on the Board,” said Alliance President and CEO Joseph J.

 » Read more about: American Fraternal Alliance Board Welcomes Two New Directors......

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04
Oct 2017

It’s a quandary faced by almost every trade association.  Members – either corporations or individuals – come together under a common banner to do collectively what they could not do (or could not do as well) individually.  Most often, the collective effort focuses on political advocacy and comprises efforts to ensure that the group’s voice is heard by state and/or federal policymakers.

But how do you quantify the value of political advocacy? 

 » Read more about: Think advocacy is overrated? Read this…  »...

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