Public Policy

LIAM actively works with Michigan policymakers on legislation that impacts the life insurance and annuity industries. During the last legislative session, LIAM engaged with legislators on bills that were introduced aimed at changing the insurance producer license eligibility requirements regarding felony convictions. LIAM’s advocacy efforts resulted in changes that strengthened the bills, which where then signed into law by the Governor.

When advocacy turned digital due to the pandemic, LIAM still remained active in its interactions with legislators. LIAM hosted regular updates with policymakers and Michigan Department of Insurance and Financial Services officials virtually. Despite the ongoing pandemic, LIAM continues to engage in policy discussions that would impact the life insurance and annuity industries both now and in the future.