Industry Celebrates Women!

Don’t forget that CAHIP’s Women’s Leadership Summit is next week (March 14-16) at Green Valley Ranch in Las Vegas. Info here.

WIFS Forum All About Empowerment

Janet Fishman of NAIFA-LA sent us an excellent write up of what happened on Saturday, March 5, at the 7th Annual Women’s History & Legislative Forum hosted by  Women in Insurance & Financial Services-Los Angeles Chapter (WIFS-Los Angeles), in conjunction with NAIFA-Greater Foothills. This year’s event was held via Zoom and the theme was “Rise Up Together!”:

This event was designed to share how the women in WIFS and NAIFA empower others. The decision for the theme this year came with the mindset of diversity, inclusion, and belonging in the industry and how, together, collaboratively, women can create a shift.

The range of ideas that were shared about the importance of women being at the table of where decisions are made is not a number’s game; it is critical to the very growth and sustainability of the industry.

The moderator of the event was Joanna Dellosa, LUTCF, FSS, RICP, LACP, CLU, President WIFS-Los Angeles and past President NAIFA-Los Angeles, assisted by Charlene Lim, Programs Chair, NAIFA-Greater Foothills.  The MC of the event was: Chia-Li Chien, PhD, CFP, PMP, Succession Program Director Value  Growth Institute & Associate Provost, American College

Additional speakers included:

  • Nancy Rash, FLMI, CLU, ChFC, Past-President WIFS-National, Board Member WIFS-Dallas-Fort Worth – “History of Women in Insurance and Financial Services”
  • Winona Havir, CPCU, CLF, LUTCF, FSS, AIC, LACP, Board Trustee NAIFA-National, Past President WIFS-Twin Cities and Joanna Dellosa, LUTCF, FSS, RICP, LACP, CLU, President WIFS-Los Angeles, Past President NAIFA-Los Angeles – “A Conversation on Diversity, Equity, and Inclusion”
  • Diane Boyle, NAIFA Senior Vice President Government Relations and
  • Shari McHugh, NAIFA-California State Lobbyist who spoke on “Legislative Updates on the Federal and State Levels”
  • Ande Frazier, CFP, CLU, ChFC, RICP, BFA, ChSNC, CDFA, Partner at Clocktower Wealth Management, – “Fin(anci)ally Free” – 11 Conversations to Have with Yourself about Life, Money, and Worth”
  • Dahari Donna Lovong, MPH, Pasadena Body & Brain Center Manager – “Wellness Moments

A Women’s Panel included:

  • Joanna Dellosa, LUTCF, FSS, RICP, LACP, CLU, President WIFS-Los Angeles, Past-President NAIFA-Los Angeles
  • Fatima Bustos-Choy, PhD, Founder & Principal WholeMind Power Consulting
  • Cora Oriel, President at Asian Journal Publications, Inc.
  • Jody Lentz, Brokerage Manager Pacific Advisors
  • Toni Gonzales, MBA, LACP, Vice President WIFS-National
  • Sarah Martin, LUTCF, FSS, President NAIFA-California & Past President NAIFA-Central Coast

Special guest was Betty Yee, California State Controller “Life Experience Creates Empowerment” .  She spoke about her beginnings and how her childhood lessons benefitted her during her 35 years in government service. Only the 10th woman in the Controller position, Ms. Yee began her financial lessons in a family business.

The event was also honored to have recorded messages from California Senator Maria Elena Durazo & Los Angeles County Board of Supervisor Hilda Solis.

WOMEN & FINANCIAL PLANNING

NAFA Holds Webinar Mar 16

The National Association of Fixed Annuities will host a webinar on Wednesday, March 16 with Suzanne Norman, senior education advisor for the Alliance for Lifetime Income. The presentation will deep dive into her recent whitepaper as she covers:

  • The role values and a life purpose play in financial wellness
  • Insights on how women save, spend, invest and navigate retirement
  • Checklists for women’s life stages
  • And more!

Organizers say women will continue to control an increasing amount of wealth throughout the next decade. Time to tune in! Register here.

LEGISLATION

Register Now for Capitol Summit in Sacramento!

CAHIP’s Capitol Summit is back in person. Join your colleagues May 9-11 at the Kimpton Sawyer Hotel in Sacramento. At this event, you’ll get a chance to:
  • Meet with state legislators
  • Hear from industry thought leaders
  • Stay up to date on federal and state efforts
  • Share ideas with colleagues

Registration info here. Sponsorship info here.

HEALTH

Many Californians at Risk of Losing Health Insurance

Millions of Californians face the prospect of losing health coverage subsidies that, for the majority, have made their monthly health insurance premium $10 or less. Covered California reported a record enrollment of 1.8 million after at the conclusion of this year’s open enrollment period, up from 1.6 million for the comparable period a year earlier. The American Rescue Plan subsidies, which make the insurance so affordable, are set to expire April 16. If this happens, Covered Cal is sounding the alarm that at least 1 million Californians will be at risk for losing their health insurance.

LIFE

No Plans to Raise Rates — Yet

More than 950,000 people in the U.S. have died due to COVID-19 and life insurance claims in 2020 reached $90 billion — the biggest year-over-year increase since the 1918 influenza epidemic. Yet many life insurers tell Forbes Advisor that they aren’t planning to raise rates.  Furthermore, insurers don’t believe they’ll ever be asking applicants if they’ve been vaccinated against COVID. Read the whole story here.

CYBER

NAIC Offers Tips on Cybersecurity

The National Association of Insurance Commissioners has a post offering info on how to keep safe online. Among the useful tips to secure your information and data:

  • Dispose of personal information by shredding documents using a cross-cut shredder.
  • Use strict privacy settings on your computer, devices, and browsers.
  • Keep passwords private, and do not write your passwords down. You may consider using a reliable password manager.
  • Be mindful about the personal information you share on social media.
  • Be cautious of what you download from the internet. Navigate directly to websites when you need to initiate a download. Don’t download anything or click links from sites or emails that someone sends you.
  • If your Social Security number is requested by a vendor, ask why it’s needed and how it will be used and protected.
  • Remember that there is nothing wrong with telling someone that you aren’t comfortable sharing personal information.

Read the full post here.

EVENTS

  • OCAHU’s Annual Sales Symposium, in person, March 11, Lake Forest Community Center. Info here.
  • CAHIP’s Women’s Leadership Summit, in person, March 14-16, 2022, Green Valley Ranch, Las Vegas, Info and registration here.
  • LAAHU Annual Symposium, in person, April 26, Pasadena Convention Center. Info here.
  • CAHIP’s Capitol Summit, in person, May 9-11, Kimpton Sawyer Hotel, Sacramento. Registration info here. Sponsorship info here.
  • BenefitsPro Broker Expo, in person, May 23-25, 2022, Austin, TX. Request more info here. Register here.