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Life Insurance Industry Eyes 'Moon Shot' In Underserved Communities


Will life insurance reach underserved communities with help from the Biden plan?
The life insurance industry has a chance at a “moon shot” this year in terms of expanding its investment in underserved communities.
That was the word from Bruce Ferguson, senior vice president of state relations for the American Council of Life Insurers. Ferguson and two other ACLI executives spoke on the organization’s Economic Empowerment and Racial Equity Initiative on Wednesday during NAIFA’s Diversity, Equity and Inclusion Impact week.
As part of the Obama administration’s economic recovery program, life insurers invested heavily in Build America Bonds, Ferguson said. These bonds were aimed at improving infrastructure at the municipal level. The bonds raised funds to improve roads, bridges and schools as well as to upgrade water systems. ....

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Karim Hill To Lead The American College's Center For Economic Empowerment And Equality


KING OF PRUSSIA, PA – February 11, 2020 – George Nichols III, President and CEO at The American College of Financial Services, announced today that Karim Hill has been named the inaugural Executive Director of The American College Center for Economic Empowerment and Equality. As Executive Director of The College’s newest Center of Excellence, Hill will oversee the Center’s research, thought leadership, curriculum and course development, programming, and scholarships aimed at promoting economic justice for underserved communities.
“Our exhaustive national search has come to an end and was well worth it. Karim brings a unique skillset to The College that complements our near century in financial services, having earned significant career success at some of our nation’s largest banks, representing his dedication to the industry and his ability to communicate and execute upon complex ideas to improve the lives of others,” said Nichols. “His embrace of the possibili ....

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