02/09/2026 | Press release | Distributed by Public on 02/09/2026 17:36
American Council of Life Insurers (ACLI) Executive Vice President & Chief Advocacy Officer Jill Kozeny made the following comment on the Financial Stability Oversight Council Improvement Act that passed the U.S. House of Representatives today:
"Clear rules and a consistent process matter, especially when decisions affect families, workers, and the broader economy. The FSOC Improvement Act brings much-needed transparency and predictability to the financial oversight process."
The bill text is available here.
The American Council of Life Insurers (ACLI) is the leading trade association driving public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for financial protection and retirement security. ACLI's member companies are dedicated to protecting consumers' financial wellbeing through life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, and dental, vision and other supplemental benefits. ACLI's 275 member companies represent 94 percent of industry assets in the United States.