2005 News Release

Washington, D.C., December 19, 2005  The National Conference of Insurance Legislators (NCOIL) today applauded Congress’ reauthorization of the Terrorism Risk Insurance Act (TRIA) of 2002 and recognized lawmakers’ tireless work to ensure the availability of terrorism insurance after the December 31 TRIA expiration.

Washington, D.C., November 21, 2005  The National Conference of Insurance Legislators (NCOIL) vowed to renew efforts for market conduct reform, a key element in its financial modernization package, at its Annual Meeting in San Diego, California.  Legislators at a November 19 State-Federal Relations Committee/NCOIL-NAIC Dialogue meeting pressed for regulator support and discussed proposals to amend a joint NCOIL-NAIC Market Conduct Surveillance Model Law to facilitate its enactment in the states.

San Diego, California, November 21, 2005 As the hurricane season draws to a close, an official of the Louisiana Workers’ Compensation Corporation on November 17 addressed legislators gathered here for the National Conference of Insurance Legislators (NCOIL) Annual Meeting and outlined Louisiana workers’ compensation insurance initiatives following Hurricane Katrina.

San Diego, California, November 21, 2005  Recognizing that the regulation of insurance (credit) scores is still a key issue in many states, legislators at the National Conference of Insurance Legislators (NCOIL) Annual Meeting here unanimously readopted on November 19 an NCOIL Model Act Regarding Use of Credit Information in Personal Insurance.  The model law, originally adopted by NCOIL in November 2002, has been enacted via legislation and/or regulation in 26 states.

San Diego, California, November 21, 2005 State legislators at the National Conference of Insurance Legislators (NCOIL) Annual Meeting here unanimously adopted on November 19 a Patient Safety Model Act that would protect consumers from healthcare errors and that, lawmakers believe, may eventually lead to reduced medical malpractice insurance premiums.

San Diego, California, November 21, 2005  Concluding well over ten years’ debate regarding aftermarket crash parts, the National Conference of Insurance Legislators (NCOIL) on November 19 unanimously adopted at its Annual Meeting here a Resolution Regarding Motor Vehicle Crash Parts.  The resolution replaces further consideration of a proposed Certified Aftermarket Crash Parts Model Act (substitute amendment).

Troy, New York, November 14, 2005 With Congress threatening to unravel decades of successful state insurance regulation, lawmakers at this week’s National Conference of Insurance Legislators (NCOIL) Annual Meeting in San Diego, California, will work to secure enactment of a national mega-catastrophe program—the only appropriate federal role in insurance oversight—and to oppose congressional preemption initiatives.  The Annual Meeting is scheduled for November 17 through 20 at the Hilton San Diego Resort.

Washington D.C., November 14, 2005 Lawmakers at the National Conference of Insurance Legislators (NCOIL) November 17 through 20 Annual Meeting in San Diego, California, will consider newly adopted Texas market conduct legislation as basis for potential revisions to an NCOIL-NAIC Market Conduct Surveillance Model Law.

Troy, New York, September 9, 2005 The National Conference of Insurance Legislators (NCOIL) extends its sincere condolences to victims of Hurricane Katrina.  In response to the catastrophe, NCOIL President Rep. Craig Eiland (TX-Galveston), has announced a revised agenda for the November 17 through 20 NCOIL Annual Meeting in San Diego, California, in order to focus on the wide-ranging impacts of the hurricane.

Newport, Rhode Island, July 13, 2005 In an effort to find solutions to reportedly growing underserved life insurance markets, legislators at the National Conference of Insurance Legislators’ (NCOIL) recent Summer Meeting in Newport, Rhode Island, adopted a resolution encouraging states to analyze how they might expand coverage in underserved areas, including low-income and minority populations.

Newport, Rhode Island, July 13, 2005 After hearing testimony from more than a dozen witnesses representing aspects of the certified aftermarket crash parts debate, the National Conference of Insurance Legislators’ (NCOIL) Property-Casualty Insurance Committee voted 22 to 7 to form a special subcommittee to further NCOIL’s consideration of a draft model law that would support the use of certified aftermarket crash parts.  The Committee’s action came on July 7, during the NCOIL Summer Meeting in Newport, Rhode Island.

Newport, Rhode Island, July 8, 2005 After raising questions regarding how insurers should treat claims history information, legislators on July 8 adopted a National Conference of Insurance Legislators (NCOIL) model law that would restrict insurer use of inquiries and claims without payments (CWOPs), among other items.  Lawmakers acted during the NCOIL Summer Meeting in Newport, Rhode Island.

Washington D.C., June 1, 2005 Hardly a day goes by without new reports of thefts involving consumer identity and credit information, usually on a massive scale.  State legislators from around the country will explore solutions to the very vexing problems of identity and data theft during a National Conference of Insurance Legislators’ (NCOIL) general session scheduled for Saturday, July 9, at the Hotel Viking in Newport, Rhode Island.

Washington D.C., June 1, 2005  –  In what promises to be a spirited debate over the National Association of Insurance Commissioners’ (NAIC) plan to apply Sarbanes-Oxley (SOX) corporate disclosure and accounting rules to non-public carriers, legislators on the National Conference of Insurance Legislators’ (NCOIL) Financial Services & Investment Products Committee will hear remarks from Douglas Stolte, chair of the NAIC/AICPA Working Group and supporter of the effort, as well as from critics of the initiative.  The Committee will convene on July 7 from 1:45 to 3:00 p.m., during the July 7 through 10 NCOIL Summer Meeting in Newport, Rhode Island.

Troy, New York, May 12, 2005In a discussion sure to ignite strong opinions regarding which automotive crash parts best serve consumers, the Property-Casualty Insurance Committee of the National Conference of Insurance Legislators (NCOIL) will consider a proposed Certified Aftermarket Crash Parts Model Act during a July 7 hearing scheduled during the July 7 through 10 NCOIL Summer Meeting in Newport, Rhode Island.

Washington, DC, May 6, 2005 Congresswoman Sue Kelly of the 19th Congressional District of New York, Chair of the House Financial Services Oversight & Investigations Subcommittee, will deliver the keynote luncheon address at the National Conference of Insurance Legislators’ (NCOIL) Summer Meeting in Newport, Rhode Island, on July 8, 2005, from 12:30 to 1:45 p.m.  Congresswoman Kelly will address state legislators, regulators, insurance industry and consumer representatives, and media gathered from across the country on the issue of reauthorization of the Terrorism Risk Insurance Act of 2002 (TRIA).

Troy, New York, May 5, 2005  In a letter sent recently to each member of Congress, National Conference of Insurance Legislators’ (NCOIL) President Representative Craig Eiland (TX), acting on behalf of all NCOIL legislators, urged lawmakers to oppose pending federal legislation that would exempt association health plans (AHPs) from state laws and oversight.  Such action, Rep. Eiland warned, would threaten consumers’ access to health coverage and would deny them important consumer protections.  The letter was the latest NCOIL effort to oppose federal preemption of state laws regarding certain health insurance arrangements.

Washington, D.C., March 30, 2005The National Conference of Insurance Legislators (NCOIL) reaffirmed its unwavering support for extending the Terrorism Risk Insurance Act of 2002 (TRIA) in a March 24 letter from NCOIL President Rep. Craig Eiland (TX) to U.S. Rep. Michael G. Oxley, Chair of the House Committee on Financial Services, and Congressman Richard Shelby, Chair of the Senate Committee on Banking, Housing and Urban Affairs.  The letter retransmitted an NCOIL resolution, originally sent to Congress in July 2004, supporting extension of TRIA in order to forestall major marketplace disruptions.  The resolution also supported inclusion of group life insurance in any extension legislation.

Troy, New York, March 11, 2005 The National Conference of Insurance Legislators (NCOIL) yesterday took a stand against applying Sarbanes-Oxley requirements to privately held insurance companies in a letter sent to the National Association of Insurance Commissioners (NAIC) by NCOIL President Rep. Craig Eiland (TX).  Rep. Eiland, acting on behalf of the full NCOIL Executive Committee, encouraged regulators to reconsider their efforts to amend the NAIC Model Audit Rule (MAR) in order to accommodate Sarbanes-Oxley (SOX).

Hilton Head, South Carolina, March 5, 2005 Lawmakers voted overwhelmingly today to adopt a revised version of an NAIC proposed amendment to its Producer Licensing Model Act, gaining industry consensus at a special meeting of the National Conference of Insurance Legislators (NCOIL) Executive and State-Federal Relations Committees held in conjunction with the NCOIL spring meeting in Hilton Head, South Carolina.

Hilton Head, South Carolina, March 4, 2005 In a unanimous decision, legislators on the National Conference of Insurance Legislators’ (NCOIL) Property-Casualty Insurance Committee today voted to renew NCOIL’s consideration of a proposed Certified Aftermarket Crash Parts Model Act and to hold a special hearing on the matter during the July 7 through 10 NCOIL Summer Meeting in Newport, Rhode Island.  The action came when the Committee met in Hilton Head on March 4, during the March 3 through 6 NCOIL Spring Meeting.

Hilton Head, South Carolina, March 3, 2005 In a unanimous decision, legislators on the National Conference of Insurance Legislators’ (NCOIL) Workers’ Compensation Insurance Committee today voted to adopt a proposed Resolution Supporting OSHA Ergonomic Guidelines for Nursing Homes.

Hilton Head, South Carolina, March 3, 2005 Model legislation that would restrict how insurers could use claims history information when underwriting property-casualty insurance coverage moved several steps closer to a vote on March 3, when the National Conference of Insurance Legislators’ (NCOIL) Property-Casualty Insurance Committee held a hearing on a proposed model act that enjoys significant support from insurance industry and agent representatives.  The hearing was held here during the March 3 through 6 NCOIL Spring Meeting.

Hilton Head, South Carolina, March 3, 2005 After a lively debate among legislators and industry representatives, the Life Insurance Committee of the National Conference of Insurance Legislators’ (NCOIL) voted unanimously to adopt the proposed Resolution Opposing the Expansion of State Insurable Interest Laws to Permit Private Investors to Purchase Life Insurance on the Lives of Unrelated Individuals.

Hilton Head, South Carolina, February 25, 2005Legislators will examine options to address broker compensation and disclosure concerns during a National Conference of Insurance Legislators’ (NCOIL) general session scheduled here on Saturday, March 5.  The discussion, entitled Broker Compensation: Impact on the Insurance Market, immediately will be followed by a special meeting of the NCOIL Executive and State-Federal Relations Committees. At that time, state lawmakers will consider proposals for future NCOIL action.

Hilton Head, South Carolina, February 25, 2005In what promises to be an intense debate over the safety of certified aftermarket crash parts, car companies and other interested parties will address state legislators gathered here on March 4 in order to discuss the need for legislation that would support certification.

Hilton Head, South Carolina, February 25, How would combining private long-term care insurance and Medicaid help states reduce budget burdens?  How do such programs work to protect individuals assets while insuring for their future long-term care.

Hilton Head, South Carolina, February 25, 2005  Would drug importation make prescription drugs more affordable and more available or would it compromise the safety of United States citizens?   Would Canada’s decision to prohibit prescription drug reimportation jeopardize the health and safety of Americans relying on lower cost medications?  Will details of the safety report recently released by the Health Human Services (HHS) department shape the debate?

Troy, New York, February 18, 2005 In what promises to be a heated debate over what counts as an insurance claim and how insurers can use it, a March 3 hearing held by the Property-Casualty Insurance Committee of the National Conference of Insurance Legislators (NCOIL) will feature deliberation on proposed model legislation to restrict practices related to claims history databases. The hearing, scheduled from 3:00 to 5:00 p.m., will be held in conjunction with the March 3 through 6 NCOIL Spring Meeting in Hilton Head, South Carolina.