LICONY Celebrates 45th Anniversary

On February 7, 2013, almost one hundred fifty life insurance executives, regulators and legislators gathered at the Mutual of America Headquarters in New York City to celebrate the 45th Anniversary of the Life Insurance Council of New York (LICONY).

Welcoming and substantive legislative and regulatory remarks were provided at the event by New York State Department of Financial Services Superintendent Benjamin M. Lawsky, Senate Insurance Committee Chairman James L. Seward, and Senate Insurance Committee Ranking Member Neil D. Breslin. LICONY Chairman Bridget M. Healy of ING U.S. Inc., made a presentation to Jack Friou of Aflac New York for his outstanding service as Chairman last year.

The annual Anniversary Celebration Reception is the culmination of a day of activities that includes a meeting of the LICONY Board of Directors, a luncheon presentation that this year was delivered by the independent voting member of the Financial Stability Oversight Council (FSOC) S. Roy Woodall, Jr., and, a dialogue session in which Superintendent Lawsky addressed the LICONY membership with respect to several active regulatory matters of interest.