New York, NY, December 10, 2009 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Miriam Krol, Vice President, Long-Term Care, American Council of Life Insurers will speak at the Knowledge Congress’ upcoming webcast entitled: “Sweeping Changes to Insurance Industry: The Interstate Insurance Compact & Its Impact”. This 2-hour event is scheduled for January 21, 2010, Thursday, at 3:00 PM - 5:00 PM EDT. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2010_Sweeping.html)
The insurance industry has traditionally been regulated at the state level. In the wake of the economic crisis, there have been calls to move to a more Federal-like regulatory environment in order to provide uniformity to the products sold as well as more central oversight of the industry. A number of states have taken the first step in this process by signing onto the Interstate Insurance Compact, which is a multi-state agreement aiming to consolidate the sales practices and regulatory oversight of insurance products. The bill currently affects: annuity, life, disability and long-term care products; however, it could be expanded to cover all insurance in the future.
How, why, and to what extent this bill will affect the insurance industry should be an issue of great concern to you and your firm. It has the potential of opening up new interstate markets for your products as well as the potential of introducing a new level of scrutiny of your business practices. The Knowledge Group is producing a Live Webcast, which will explore the issues and concerns surrounding these changes and will provide valuable information and analysis. Sweeping Changes to Insurance Industry: The Interstate Insurance Compact & Its Impact Live Webcast is a two-hour session with the industry's best leaders and most prominent experts.
About Miriam Krol
Miriam Krol joined ACLI in April 2003 as Senior Director in the Office of the General Counsel. In 2006, she was promoted to Vice President. Her current main responsibilities are to staff the Long Term Care Insurance product issues and to monitor the initiatives of the Interstate Insurance Product Regulation Commission (IIPRC).
Miriam began her career with USLIFE Corporation, where she spent 27 years with product development, filing and issue implementation functions for individual and group life, annuity and disability products. In the mid-1990’s, she participated in the development of SERFF, the system for electronic rate and form filing, and served on its first Board of Directors. In 1997, she was recruited by MetLife to serve as Vice President, Group Contracts and Compliance Division. Before joining ACLI, Miriam was a consultant to the State of Ohio and the NAIC, providing technical support for the marketing of SERFF to industry participants.
About American Council of Life Insurers
The American Council of Life Insurers (ACLI) is a Washington D.C.-based trade association backed by an industry with more than 200 years of experience protecting American families, workers, and businesses. ACLI represents 340 life insurance companies operating in the United States before federal and state legislators, regulators, and courts.
ACLI member companies are the leading providers of financial and retirement security products covering individual and group markets. They provide life insurance, long-term care insurance, disability income insurance, annuities, pensions such as 401(k), 403(b), and 457 plans, IRAs, and reinsurance.
For more information about Miriam Krol, and American Council of Life Insurers, please visit: http://www.acli.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org.