We have a hard time remembering a year that wasnt challenging for the life insurance business, either in Congress or the marketplace or both. The year 2003, now just about over, was no exception.
The industry faced several challenges in Congress, winning some and losing a few. But if one thing stands out as a cause for victory this year is the strong unity that has been fashioned between the two biggest trade organizations in the life insurance businessthe American Council of Life Insurers and the National Association of Insurance and Financial Advisors.
We ended 2002 with an editorial comment about our hopes for the new leadership at both of these associationsGov. Frank Keating at the ACLI and David Woods at NAIFA.