What is “Agents for Change?”
 

Agents for Change is a trade association of insurance agents and brokers from across all lines of insurance working together to enact a national insurance charter to allow producers and insurers the option of being regulated at either the federal or state level. Members of Agents for Change participate in policy development and provide lawmakers with expert advice as they move forward to modernize insurance regulation.

There are distinct advantages for agents and brokers within the framework of a national insurance charter. These include: (1) time spent on licensing issues would be greatly diminished; (2) speed to market of products would be greatly enhanced; (3) consumers would have additional products at more competitive rates from which to choose; and (4) the ability to better serve customers no matter where they may live (or move).

Insurers would be able to bring their products to market more quickly because they would only have to obtain approval from a single regulatory body, rather than in multiple states as they do now under the patchwork quilt of state regulation. And consumers, who often move from state to state in today’s economy, would benefit from more stable insurance premiums and consistent administration and regulation of their insurance policies.

It’s about communication and it’s time for your voice to be heard on Capitol Hill. If you haven’t already, please take a few minutes to sign up for issue alerts and join our association.