2001 News Release

Albany, NY, December 20, 2001 — New York State Senator William J. Larkin, Jr., President of the National Conference of Insurance Legislators (NCOIL), today sent a letter to members of the U.S. Senate Committees on Commerce, Science, and Transportation and on Banking, Housing, and Urban Affairs. The letter urges enactment before the end of the year of a federal reinsurance backstop to cover terrorism.

Albany, NY, December 5, 2001 – Sen. William J. Larkin, Jr. (NY), newly elected president of the National Conference of Insurance Legislators (NCOIL), today announced the formation of an NCOIL Task Force on Terrorism.

Albany, NY, November 28, 2001 – The National Conference of Insurance Legislators (NCOIL) recently adopted a Mental Health Parity Model Act at its Annual Meeting in Scottsdale, Arizona.  The model requires that those who suffer from mental illnesses have the same access to medical treatment as those who suffer from physical illnesses.

Albany, New York, October 18, 2001 — The National Conference of Insurance Legislators (NCOIL) firmly endorsed the concept of a federal “backstop” for terrorism insurance in a letter sent yesterday to Congressional leadership considering plans that would protect insurers from catastrophic terrorist-related losses.

Albany, NY, October 17, 2001 –  Sen. Edward Oliver (MN) today announced that NCOIL will discuss and vote on a proposed Mental Health Parity Model Act on November 15.  The model would require that those who suffer from mental illnesses have the same access to medical treatment as those who suffer from physical illnesses.  The NCOIL Health Insurance Committee will address the issue during its Annual Meeting, scheduled for November 15, at the Marriott Mountain Shadows Resort in Scottsdale, Arizona

Albany, New York, October 4, 2001 – The National Conference of Insurance Legislators (NCOIL) has shifted the focus of its November 15 through 18 Annual Meeting in Scottsdale, Arizona, to address the impact the September 11 terrorist attacks will have on the insurance and reinsurance industries.

Albany, NY, September 17, 2001 –  NCOIL President Rep. Terry Parke (IL) today made an announcement concerning the terrorist attacks in New York City and Washington, D.C.

Albany, New York, July 27, 2001 – In a “decisive step” toward insurance regulatory modernization, the National Conference of Insurance Legislators (NCOIL) has adopted model legislation designed to streamline the state approval system of insurance policy rate and form filing.

Albany, NY, July 5, 2001 NCOIL President Rep. Terry Parke (IL) today announced that the National Conference of Insurance Legislators (NCOIL) will hold a panel discussion entitled, “Pharmaceuticals: Can States Cut Costs?” on Saturday, July 14, from 11:00 a.m. to 12:30 p.m. NCOIL legislators will address the issue of rising prescription drug costs during the 2001 Summer Meeting, scheduled for July 12 through 15 at the Hotel Inter-Continental Chicago.

Albany, New York, July 3, 2001 – How can states increase business, individual, and community awareness of flood risk and of the availability and importance of flood insurance? What challenges does the National Flood Insurance Program face at the state level? What are the current and emerging federal and state funding sources available for flood prevention, mitigation, and post-disaster relief and recovery? What can state legislators do to make the flood programs work better?

Albany, NY, June 25,2001 –  Sen. Edward Oliver (MN) today announced that the National Conference of Insurance Legislators (NCOIL) summer meeting committee agenda will include a discussion and vote on aproposed Mental Health Parity Model Act.  The model would require that those who suffer from mental illnesses have the same access to medical treatment as those who suffer from physical illnesses.  The HealthInsurance Committee will address the issue during the NCOIL 2001 Summer Meeting, scheduled for July 12 through 15 at the Hotel Inter-Continental Chicago.  

Washington, DC, June 21, 2001 – State legislators will do what they need to do to modernize the policy and rate approval process of state-based insurance regulation, a leading state lawmaker told a key Congressional Committee here today.  Rep. Parke testified before a hearing of the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises of the U.S. House of Representatives Financial Services Committee in the Rayburn House Office Building.

Albany, NY, May 15, 2001 The Board of Directors of the Insurance Legislators Foundation (ILF), a research and educational arm of the National Conference of Insurance Legislators (NCOIL), will hold a hearing on issues that need to be addressed in a state legislators’ guide on flood risk and insurance, Illinois State Rep. Terry Parke, President of the ILF and NCOIL, announced today.

Albany, NY, May 8, 2001 The Board of Directors of the Insurance Legislators Foundation (ILF), a research and educational arm of the National Conference of Insurance Legislators (NCOIL), will hold a hearing to assess improvements to market conduct examinations following its report entitled, Insurance Market Conduct Examination Public Policy Review (MCEPPR), Illinois State Rep. Terry Parke, President of the ILF and NCOIL, announced today.

Albany, NY, January 23, 2001 – The NCOIL Property–Casualty Insurance   Committee will hold a hearing to discuss these and other issues related to deregulation of personal lines insurance at the Hilton Head Oceanfront Resort, Hilton Head Island, South Carolina, on March 1, 2001, from 1:00 to 4:00 p.m.

Albany, NY, January 19, 2001— NCOIL will hold its 2001 Spring Meeting at the Hilton Head Oceanfront Resort, Hilton Head Island, South Carolina, from March 1 through 4, 2001.  Legislators will address issues that include: privacy, proposed deregulation of car and homeowners insurance prices, the high cost of health care and pharmaceuticals, producer licensing, international insurance issues, and natural disaster insurance.