ACLI elects chairman, directors

The American Council of Life Insurers today elected Dennis R. Glass, president and CEO of Lincoln Financial Group, as its 2008 chairman.
OCT 22, 2007
By  Bloomberg
The American Council of Life Insurers today elected Dennis R. Glass, president and chief executive of Lincoln Financial Group, as its 2008 chairman. Mr. Glass will serve for one year. The Washington-based trade association conducted its elections at its 2007 annual conference, entitled “Protecting the Past; Securing the Future.” The group has also chosen its leaders and board directors, who will all serve one-year terms. Patrick S. Baird, president and chief executive of AEGON USA Inc., has been chosen as chairman-elect and will assume the chairmanship next October, when Mr. Glass’s appointment is up. C. Robert Henrikson, chairman, president and chief executive of MetLife, will take over in 2009. Next year’s new directors include Thomas J. McInerney, chairman and chief executive of ING Insurance Americas, and William Cameron, chairman and chief executive of American Fidelity Assurance Co. Subsequent directors include Theodore Mathas, president and chief operating officer of New York Life Co. in 2009 and Bret L. Benham, chairman, president and CEO of TIAA-CREF Life Insurance Co. in 2010.

Latest News

No succession plan? No worries. Just practice in place
No succession plan? No worries. Just practice in place

While industry statistics pointing to a succession crisis can cause alarm, advisor-owners should be free to consider a middle path between staying solo and catching the surging wave of M&A.

Research highlights growing need for personalized retirement solutions as investors age
Research highlights growing need for personalized retirement solutions as investors age

New joint research by T. Rowe Price, MIT, and Stanford University finds more diverse asset allocations among older participants.

Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones
Advisor moves: RIA Farther hails Q2 recruiting record, Raymond James nabs $300M team from Edward Jones

With its asset pipeline bursting past $13 billion, Farther is looking to build more momentum with three new managing directors.

Insured Retirement Institute urges Labor Department to retain annuity safe harbor
Insured Retirement Institute urges Labor Department to retain annuity safe harbor

A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues.

LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors
LPL Financial sticking to its guns with retaining 90% of Commonwealth's financial advisors

"We continue to feel confident about our ability to capture 90%," LPL CEO Rich Steinmeier told analysts during the firm's 2nd quarter earnings call.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.