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Medical loss ratio harms consumers, agents

A new survey by the National Association of Insurance and Financial Advisors shows that the federal health care law’s medical loss ratio provision has had a devastating effect on agents’ ability to maintain a high level of customer service to their clients.



NAIFA: Senate Bill on Insurance Licensing Would Benefit Agents and Consumers

Sens. Jon Tester (D-Mont.) and Mike Johanns (R-Neb.) have introduced the National Association of Registered Agents & Brokers Act (NARAB II), which would establish a federal licensing clearinghouse for insurance agents who operate in multiple states.


SRO Bill Will Provide Appropriate Oversight of IAs

Financial Services Committee Chairman Spencer Bachus and Rep. Carolyn McCarthy, a member of the Committee, introduced bipartisan legislation calling for a self-regulatory organization to fill gaps in Securities and Exchange Commission (SEC) oversight of investment advisers.


Brian Ashe Is Named 2012 John Newton Russell Memorial Award Winner

The life insurance industry’s highest honor will be presented at the NAIFA Career Conference and Annual Meeting in September as a tribute to his more than 40 years of service and contributions to the industry.



Home / About Us / NAIFA-Florida News / Feldman recipient of NAIFA’s top award

Feldman recipient of NAIFA’s top award

Feldman recipient of NAIFA’s top award

One of NAIFA-Florida’s very own members was recently awarded the life insurance industry’s most significant award. Marvin H. Feldman, CLU, ChFC, RFC, received the John Newton Russell Memorial Award at the recently concluded NAIFA National Conference, in Washington, D.C. Marvin is the President of the Feldman Financial Group, in Clearwater, Florida, and is also the President and CEO of the Life Foundation, in Washington, D.C.

Feldman’s stellar career began after graduation from Ohio State University, in 1967, and features many highlights including: 37 year member of the Million Dollar Round Table, including MDRT President in 2002; member of the elite Top of the Table for 29 years, including serving as Chairman; awarded Circle of Life, in 2004, in recognition of industry and community involvement; Secretary of New York Life’s Agent Advisory Council; named to Insurance Newscast’s 100 most powerful people in the insurance industry of North America; and many more too numerous to mention here. Marvin has given speeches in 34 countries and has served numerous civic and charitable causes.

The John Newton Russell Memorial Award is given to the individual who has rendered service to the institution of life insurance “above and beyond the call of duty.” As the award’s 70th recipient, Feldman was given an engrossed citation, a beautiful plaque, and a Steuben crystal “Excalibur.” His name will be added to a bronze plaque of past Russell Award honorees at NAIFA Headquarters, in Falls Church, Virginia.

The award was established by John Newton Russell, in 1942, as a tribute to his father who had a distinguished career in the industry and who was very active in NAIFA.