Davenport, a New York Life agent serving the New Orleans area for more than 20 years, is the first woman president of the AAC. The AAC meets twice yearly to discuss issues of concern to agents with New York Life’s Chairman and senior executives.
“As president of the AAC, Kathy is the voice of the agents putting forth their ideas to the company’s top decision-makers,” says Mary Dean, VP of New York Life’s Women’s Market Division. “New York Life agents value this organized council and it is a testament to Kathy’s talent and skill to be elected to such a position. Her experience and expertise are great assets to our team of agents, and we look forward to her tenure as president.”
The AAC is comprised of 24 New York Life agents who have attained a certain level of success called Council level. Fellow New York Life Council-level agents elect AAC members yearly. The AAC meets bi-annually, in April and November, to discuss with the company’s management issues that are presented to AAC members by the more than 10,500 New York Life agents throughout the year.
“I am honored to be elected as the new president of the AAC,” says Davenport. “The strength of the AAC lies in the two-way dialogue and the dedication of its membership. I look forward to working with fellow agents and executives for a very productive 2009.”
-
EY's third annual risk survey found increased concern about adapting to changes in the risk environment.
May 5 -
State Farm could face millions of dollars in penalties in California after the state's insurance regulator alleged the firm mishandled claims related to the 2025 Los Angeles wildfires.
May 5 -
As artificial intelligence plays a greater role throughout the insurance industry, questions arise about AI risk, how it's changing policies and whether to trust the output of an AI-driven decision.
May 5 -
California Assembly advances mortgage protections for wildfire survivors, while agency considers advocates' role in rate increase processes. Meanwhile, state regulators are looking at how insurers use AI, and a look at regulatory budgets reveals which states are doing more with less.
May 4 -
Predicting natural disasters is becoming more important for banks and insurers as climate change increases their occurrence. Last year's wildfires in Los Angeles killed 31 people, destroyed more than 16,000 structures and caused as much as $131 billion in economic and property losses.
May 1 -
Prosecutors said the man they charged with starting the deadly 2025 Palisades Fire in Los Angeles was upset about a failed relationship and not having New Year's Eve plans just before he set a small blaze which rekindled six days later.
May 1







