The National Association of Insurance and Financial Advisors (NAIFA) is planning to start its Performance+Purpose annual conference Wednesday, in Orlando, Florida, on schedule.
Two years ago, Hurricane Irma hit the Orlando area hard. NAIFA ended up converting its in-person meeting into a virtual event.
A week ago, Hurricane Dorian looked as if it might chase another NAIFA event out of Orlando. But Dorian ended up staying offshore as it moved past Florida, without having much effect on Orlando.
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NAIFA is still facing the effects of low interest rates and regulatory uncertainty.
One sign of the interest rate storm may be that Principal Financial Group Inc. is the only publicly traded company on the list of top, platinum-level NAIFA conference sponsors.
The other three platinum-level sponsors — Ameritas, MassMutual and State Farm — are all policyholder-owned mutual insurers.
The other publicly traded life insurers on the sponsor list are Prudential, Kansas City Life, American National, Allianz and Horace Mann.
The other mutuals on the sponsor list are Guardian, New York Life and Ohio National Financial Services.
But a NAIFA representative said, after the original publication time of this article, that the NAIFA conference actually has a similar sponsor list as it’s had in recent years, and that the conference had no publicly traded sponsors last year.