FACC Mission & Vision
Mission:
The corporation is dedicated to advancing the causes of
independent distribution through insurance-licensed professionals in all
appropriate and lawful ways and giving members opportunities for education,
advancement, and improvement in all aspects of their independent agent and
agency businesses.
To promote a level playing field for independent insurance professionals by advocating and influencing practices, regulations, and legislation that foster consumer choice.
2025 ADVOCACY PRIORITIES
- FACC v. DOL – 2024 Fiduciary Rule
- FACC v. DOL – 2020 Final Interpretation
- Strategic Planning for a New Administration in Washington
- NAIC Best Interest Model adoption in remaining jurisdictions
- Alignment of NAIC and state guidelines or bulletins with NAIC Best Interest Model
- Monitoring regulations or actions by other agencies such as the SEC
- NAIC IUL Illustration Model Reform
- Medicare Advantage & Supplement Commissions
- Privacy & Big Data Usage Limitations on Marketing, Underwriting, and Claims Practices
- Tax Exemption for LTC Hybrid Annuities and Guaranteed Income Riders