History of the Delaware Association of Life Underwriters (DALU) and the Delaware Association of Insurance and Financial Advisors (DAIFA) / The National Association of Insurance and Financial Advisors – Delaware (NAIFA DE) .
1901 - 2016
On June 18, 1890, another historic event occurred in Boston, MA. By 11:30 p.m. a resolution was adopted to create what remains the oldest sustaining professional association in America, The National Association of Life Underwriters (NALU). Over the next 120 years, it’s visibility has remained unquestioned. Its purpose was and remains to provide political access and technical training and support to its affiliated members. On March 29, 1901, the Delaware Association of Life Underwriters (DALU) adopted its charter, becoming the 27th to join the Federation. By the 1950’s DALU had established three local chapters in each of its three counties.
In 1999, the national, and affiliated state members voted to change their names to more accurately reflect the broadening of financial scope of its members. The new name, National Association of Insurance and Financial Advisors (NAIFA). The Delaware affiliates likewise changed its name to Delaware Association of Insurance and Financial Advisors (DAIFA). In 2013-14, the state membership voted to consolidate into one state chapter.
From the 1960’s forward, DAIFA and its county affiliates had established awards to recognize the men and women whose leadership had made significant contributions to our associations, and to the citizens of Delaware to whom they served. With the consolidation, the county awards were suspended to create more meaningful state awards to honor those whose contribution brought credit and respect upon our membership.
Enjoy some clippings below from The News Journal that shows NAIFA in the news in the early 1900s.