Controversial Issues to be Addressed at Second Annual Industry Summit in Chicago
A spirited debate on state versus federal regulation of the insurance industry, and the emerging life settlement business will highlight the Second Annual Industry Summit and Breakfast on December 5. The Industry Summit will be held at The Union League Club of Chicago.
Bryn Mawr, PA (PRWEB) October 31, 2005 -- A spirited debate on state versus federal regulation of the insurance industry, and the emerging life settlement business will highlight the Second Annual Industry Summit and Breakfast on December 5. The event is co-sponsored by The American College Alumni Association and The American College Center for Ethics in Financial Services.
A distinguished panel of experts will discuss the profound changes proposed federal charters and regulation would have on the financial services industry.
The life settlement business has been a growing sector in the financial services industry. The panel of experts will also address the profound moral and ethical considerations inherent with this growing field.
In addition, commission disclosure is always a source of intense debate. At issue are the consumer’s expectations of full disclosure versus the agent’s right to privacy regarding their income.
Panel participants include:
· Governor Frank Keating, President and Chief Executive Officer American Council of Life Insurers (ACLI).
· Robert B. Plybon, CLU®, ChFC®, Chief Executive Officer of Plybon and Associates.
· Greg Serio, Managing Director, Park Strategies, LLC and Former New York State Superintendent of Insurance.
· Albert J. “Bud” Schiff, CLU, Chief Executive Officer of New York Life Executive Benefits, LLC.
· Nat Shapo, Sr. Vice President, Chief Compliance Officer for Coventry First and Former Illinois State Insurance Commissioner.
· Thomas E. Workman, President and Chief Executive Officer of the Life Insurance Council of New York, Inc. (LICONY).
Ron Duska, PhD., the Charles Lamont Post Chair of Ethics and the Professions and Director of The American College Center for Ethics in Financial Services will serve as the industry panel’s moderator.
The Industry Summit will be held at The Union League Club of Chicago on Monday, Dec. 5 in Chicago, Illinois and will include a served breakfast at 7:30 a.m. followed by the Summit at 8:00 a.m.
The event will include a fee of $100 for all President’s Circle members or $125 for all others and is open to all interested individuals, with limited seating offered on a first-come basis. Parking is available on premises behind the Union League Club at 318 South Federal. Special rates are available for guests with tickets that are validated at the front desk. For those staying at The Westin, the Union League is only five minutes away.
The Industry Summit is being sponsored by Morgan Stanley for the sixth consecutive
year.
Persons interested in attending this event can register online by visiting the homepage of The American College at www.TheAmericanCollege.edu. Click on the link at the bottom of the homepage labeled “Events” to begin the online registration process. As an alternative, registrants can contact Russ Figueira at 1-800-821-8356, ext. 1200.
The Summit will be preceded on December 4, 2005 by the 12th Annual President’s Circle Black Tie Reception and Dinner hosted at the exclusive Metropolitan Club.
Attendance to the dinner is limited to the 2005 members of the Solomon Huebner Society, Chairman’s Council and The President’s Circle. There is no fee for this event; it is an appreciation gala for these individuals who support The American College.
The cut-off date for accepting reservations is Oct. 25, with 2005 President’s Circle gift or pledged commitment having been made before Nov. 1, 2005.
The Metropolitan Club is a private club located on the 66th floor of the Sears Tower, in the heart of Chicago’s financial district. It enjoys panoramic views of Lake Michigan and the Chicago skyline.
The event will start at 6:30 p.m. and will finish up at 10:00 p.m. The Mood String Quartet will provide entertainment.
The American College is the nation’s leading non-profit educator of professionals in the insurance and financial services industry. Located on a 35-acre campus in Bryn Mawr, Pennsylvania, The College is a public charity that serves over 35,000 students annually, predominantly on a distance education basis. The American College offers an array of specialized designation programs, Master of Science degrees in several disciplines and customized continuing education programs for those pursuing a career in financial services. For more information, visit www.TheAmericanCollege.edu.
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