101 Constitution Ave NW, Washington, DC April 2019

The American Council of Life Insurers (ACLI) is a Washington, D.C.-based

lobbying In politics, lobbying, persuasion or interest representation is the act of lawfully attempting to influence the actions, policies, or decisions of government officials, most often legislators or members of regulatory agencies. Lobbying, whic ...

and

trade Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exc ...

group for the

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the dea ...

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. Susan K. Neely is the organization's president and chief executive officer. She succeeded former

Governor of Idaho A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political r ...

Dirk Kempthorne Dirk Arthur Kempthorne (born October 29, 1951) is an American politician who served as the 49th United States Secretary of the Interior from 2006 to 2009 under President George W. Bush. A member of the Republican Party, he previously served as a ...

, who led ACLI from 2010 to 2018. Prior to that, former

Oklahoma Oklahoma (; Choctaw: ; chr, ᎣᎧᎳᎰᎹ, ''Okalahoma'' ) is a state in the South Central region of the United States, bordered by Texas on the south and west, Kansas on the north, Missouri on the northeast, Arkansas on the east, New ...

Governor

Frank Keating Francis Anthony Keating II (initially born as David Rowland Keating) (born February 10, 1944) is an American attorney and politician who served as the 25th governor of Oklahoma from 1995 to 2003. , Keating is one of only five governors in Okl ...

led ACLI from 2002 through 2010.

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. 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."

External links

ACLI Website

References

{{reflist Trade associations based in the United States Lobbying organizations in the United States Life insurance