For Immediate Release
April 23, 2024
Contact: Pat Gilbert
(732) 201-4133

NCOIL CONCLUDES SUCCESSFUL SPRING MEETING IN NASHVILLE
Highest Attended Spring Meeting; Development Started and Continued on Several Model Laws; Timely Policy Discussions Held

Belmar, NJ – The National Council of Insurance Legislators (NCOIL) concluded its 2024 Spring National Meeting (Meeting) from April 11th – 14th in Nashville, breaking all previous attendance records for a Spring Meeting. In what was the first of the organization’s three National Meetings in 2024, there were 367 participants consisting of 73 legislators from 31 states, 17 first-time legislators, 8 Insurance Commissioners, and 16 total insurance departments represented.

The packed agenda featured topics such as: affordability and availability problems in the auto and homeowners’ insurance marketplace; efforts to achieve mental and behavioral health parity, and the countervailing costs; insurance issues related to catalytic converter theft; liability related issues within the sharing economy; third party litigation financing; the continued development of treatment and coverage for obesity; and more.

“During our first Meeting of 2024, I could not be more pleased with the attendance and the substantive advances we made on a wide range of important policy priorities. From the Model Laws we introduced and continued development on, to the discussion items that generated healthy debate, the Spring Meeting has certainly set NCOIL up for a productive 2024,” said Rep. Tom Oliverson, M.D. (TX), NCOIL President. “The organization is at its strongest when there is robust participation from legislators all across the country participating in our discussions and that was certainly clear in Nashville.”

NCOIL CEO Commissioner Tom Considine said, “The attendance in Nashville really underscores why now is a better time than ever to be involved in NCOIL. We had the highest turnout for a Spring Meeting in NCOIL History both in terms of legislator and overall participation. We were particularly pleased with the number of states represented at the Meeting. Just a few years ago, NCOIL would have been satisfied with seeing 25 states represented at our meetings throughout the year, so having over 30 represented at one meeting is an indicator of NCOIL’s growing national reach.”

The policy committee meetings kicked off Friday morning with the Workers’ Compensation Insurance Committee, chaired by Sen. Lana Theis (MI). The Committee heard presentations and held discussions on topics including workers’ compensation alternatives for independent contractors; structured settlements; and the role of experience ratings in the subrogation process.

“It was great to be in Nashville to Chair my first NCOIL Policy Committee Meeting. I’m glad the Committee was able to gather valuable information that legislators can take back to their states, and that we were able to come together to discuss a wide range of issues currently impacting workers’ compensation insurance,” said Sen. Theis.

After the traditional Welcome Breakfast, the Joint State-Federal Relations and International Insurance Issues Committee then met with Sen. Jerry Klein (ND), NCOIL Chair-at-Large, presiding. The Committee adopted a Resolution Reaffirming Support for the U.S. State-Based System of Insurance Regulation in Response to Growing Federal Encroachment sponsored by Rep. Oliverson and Asw. Pam Hunter (NY), NCOIL Vice President. The Committee also continued discussion on the NCOIL Mental Health Parity Model Act sponsored by Rep. Rachel Roberts (KY) and heard presentations on the Basel III Endgame proposal and new prior authorization rules from the Centers for Medicare & Medicaid Services (CMS).

“As Federal encroachment into the state-based system of insurance regulation has heightened recently, it is extremely important that state legislators are doing all we can to push back and remind our Federal counterparts that the state-based system has created the strongest and safest insurance market in the world. The passage of the Resolution and this Committee’s continued work is evidence that we are doing just that,” said Sen. Klein.

A very productive NCOIL-NAIC Dialogue was then held which included an impressive lineup of NAIC representatives: Indiana Commissioner Amy Beard; Kansas Commissioner Vicki Schmidt; Louisiana Commissioner Tim Temple; Oklahoma Commissioner Glen Mulready; Pennsylvania Commissioner Mike Humphreys; Tennessee Commissioner Carter Lawerence; Utah Commissioner Jon Pike; and Wisconsin Commissioner Nathan Houdek.

“It’s important that legislators and regulators have an open dialogue on issues of mutual interest in an effort to best serve consumers and promote a fair and robust insurance market,” said Rep. Oliverson. “It is great to see that we are continuing to have a positive working relationship with the NAIC and another really strong turnout of Commissioners allowed us to make progress in a wide array of issues.”

Following the Dialogue was a general session titled, “The Latest on Weight Loss Drugs: A Discussion on Access, Cost, and Coverage,” moderated by Rep. Jim Dunnigan (UT). “This is undoubtably one of the most talked about issues in the healthcare marketplace right now. We had a session on this in the summer of 2021 and that was when the FDA had just approved Wegovy for certain treatments. Given the flurry of activity that has transpired since then, now was a great time to discuss the developments surrounding access, costs, and coverage of these weight loss drugs, and consider what we as policymakers and our constituents need to know,” said Rep. Dunnigan.

Friday wrapped up with a meeting of the Life Insurance and Financial Planning Committee chaired by Rep. Carl Anderson (SC). The agenda featured presentations on life insurer’s use of wellness programs, and efforts to promote lifetime income. The Committee also re-adopted the NCOIL Model Unclaimed Life Insurance Benefits Act for a full five year term, and the NCOIL Life Settlements Model Act until the NCOIL Summer Meeting in July while potential amendments to the Model are developed.

Rep. Anderson said, “During Financial Literacy Month, it was great to have the Committee meet to discuss trends emerging in the life insurance marketplace. Life insurance is an important component of a well-rounded financial plan and it’s important that we are doing all we can as legislators to ensure that our constituents have access to a wide variety of tools to achieve long term financial security.”

Saturday began with a meeting of the Property & Casualty Insurance Committee chaired by Rep. Forrest Bennett (OK). The Committee discussed the NCOIL Strengthen Homes Program Model Act sponsored by Rep. Dunnigan and co-sponsored by Rep. Matthew Gambill (GA), and the NCOIL Catalytic Converter Theft Prevention Model Act sponsored by Rep. Oliverson. The Committee also heard a presentation on liability related issues within the sharing economy.

“The P&C committee continued building on the good work we’ve done in recent months, both through productive conversations and engaging panelists,” said Rep. Bennett. “After a great discussion around a potential Catalytic Converter Model Law during our interim meeting, we reached consensus while in Nashville to move forward in developing that language. I look forward to working toward that goal, as well as more discussions on finding solutions for consumers around the skyrocketing costs of P&C insurance, and other important insurance issues, in future meetings.

Asm. Tim Grayson (CA) then moderated a general session titled “Affordability and Availability Crises in the Auto & Home Insurance Markets: How Did We Get Here and How Do We Fix It?” “This topic has populated national headlines in recent months as coverage feels increasingly out of reach for many consumers. And being from California, I can confirm that the term “crises” is not an exaggeration. This session sparked a constructive dialogue among our members and I look forward to continuing that discussion throughout the year,” said Asm. Grayson.

At the Keynote Luncheon, Professor Benjamin Barton of the University of Tennessee College of Law gave a tremendous speech about his extensive research of the U.S. Supreme Court and the growing homogeneous nature of the background of its Justices. Prof. Barton pointed out the irony that while we have the most diverse Court in history in terms of demographics, it is the least diverse Court in terms of education and experience.

The day concluded with the Financial Services and Multi-Lines Issues Committee chaired by Sen. Mary Felzkowski (WI). The Committee discussed the first draft of the NCOIL Transparency in Third Party Litigation Financing Model Act sponsored by Rep. Matt Lehman (IN), former NCOIL President, and discussed the development of an NCOIL Earned Wage Access Model Act, sponsored by Asw. Hunter. A discussion was also held on the NAIC’s “Framework for Regulation of Insurer Investments”, including a proposal relating to the Security Valuation Office (SVO)’s ratings discretion process.

Sen. Felzkowski said, “The Committee had an extremely productive meeting and we had really great conversations on issues which we will continue to work on throughout the year. Litigation financing and earned wage access are two emerging issues that states are dealing with and I look forward to completing those Models so that NCOIL can provide guidance in an efficient and timely manner.”

The Health Insurance and Long Term Care Issues Committee, chaired by Rep. Dunnigan, met on Sunday morning. The Committee re-adopted the NCOIL Healthcare Cost Transparency Model Act and had a brief introductory discussion on the NCOIL Value Based Purchasing Model Act, sponsored by Sen. Felzkowski. Presentations were also heard on site-neutral payment reforms and evaluating how States have done with Medicaid redeterminations since the end of the COVID-19 Public Health Emergency.

The Spring Meeting concluded on Sunday morning with a meeting of the Executive Committee during which the Committee adopted a Resolution in honor of Former NCOIL Executive Committee Member and Georgia Representative Richard Smith who passed away earlier this year.

“Rep. Smith was a truly dedicated public servant and a great friend to everyone he worked with here at NCOIL and in Georgia. He was a genuine leader and his family and colleagues remain in our thoughts,” stated Rep. Oliverson.

“The success of the Spring Meeting highlights the continued positive trend of NCOIL’s advancement over the past several years. NCOIL really has become THE place to be in insurance. I look forward to meeting again in Costa Mesa in just a few short months to build on this momentum,” concluded Oliverson.

Committee minutes will be posted soon at www.ncoil.org

The 2024 NCOIL Summer Meeting will take place in Costa Mesa, CA at the Westin South Coast Plaza from July 17th– 20th. Registration will open in early May.

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NCOIL is a national legislative organization with the nation’s 50 states as members, represented principally by legislators serving on their states’ insurance and financial institutions committees. NCOIL writes Model Laws in insurance and financial services, works to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act over seventy years ago, and to serve as an educational forum for public policymakers and interested parties. Founded in 1969, NCOIL works to assert the prerogative of legislators in making State policy when it comes to insurance and educate State legislators on current and longstanding insurance issues.

CLICK HERE FOR PRESENTATIONS & MATERIALS

For Immediate Release
April 12, 2024
Contact: Pat Gilbert
(732) 201-4133

NCOIL HIGHLIGHTS APRIL AS FINANCIAL LITERACY MONTH
Applauds Effort to Increase Financial Literacy and Education Across the Country

Belmar, NJ – The National Council of Insurance Legislators (NCOIL) is proud to highlight April as Financial Literacy Month. This month serves as a reminder of the importance of financial literacy for consumers of all ages across the country and encourages proper financial planning and education.

Texas Representative Tom Oliverson, M.D., NCOIL President said, “Being in control of your financial well-being of course starts with sound financial literacy. While financial literacy classes in schools are now commonplace, far too many Americans were never taught the basics of personal finance. It’s important that consumers know how to utilize the tools available to them whether it be finding the right investment strategies or having adequate insurance coverage.”

NCOIL CEO Commissioner Tom Considine said, “Long term financial planning is essential in being prepared for whatever life throws your way. Whether it’s a car accident, hospital visit, or hurricane, having life’s unanticipated losses covered will keep you on track to meet your financial goals. Proper insurance coverage plays a key role in a well-rounded financial plan.”

“When I was the Banking & Insurance Commissioner of New Jersey, I often visited high schools across the state to emphasize the importance of financial literacy. I would always tell stories of how we weren’t as focused on financial literacy when I was in school and I would often make the mistake of buying an $8 pizza on my credit card and it would end up costing me $50 by the time I paid it off. Avoiding those types of mistakes and learning basic financial principles is very important to ensure financial security,” Considine concluded.

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NCOIL is a national legislative organization with the nation’s 50 states as members, represented principally by legislators serving on their states’ insurance and financial institutions committees. NCOIL writes Model Laws in insurance and financial services, works to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act over seventy years ago, and to serve as an educational forum for public policymakers and interested parties. Founded in 1969, NCOIL works to assert the prerogative of legislators in making State policy when it comes to insurance and educate State legislators on current and longstanding insurance issues.

For Immediate Release
February 9, 2024
Contact: Pat Gilbert
(732) 201-4133

NCOIL HIGHLIGHTS FEBRUARY AS INSURANCE CAREERS MONTH
Supports Effort to Inspire Young Professionals to Choose a Career in Insurance

Belmar, NJ – As February marks the eighth annual Insurance Careers Month, the National Council of Insurance Legislators (NCOIL) is proud to join the Insurance Careers Movement (ICM) in highlighting the many important and fulfilling career opportunities the insurance industry has to offer. The ICM is a global network of more than 1,000 insurance carriers, agents, trade associations, and industry partners working to engage the next generation for careers in insurance.

“The insurance industry offers a wide array of career paths for people of diverse skillsets and interests starting out their careers,” said Rep. Tom Oliverson, M.D. (TX), NCOIL President. “As a practicing anesthesiologist and Chair of the Texas House Insurance Committee, I have seen the important role insurance plays both in our economy and in one’s personal well-being. I encourage everyone to consider the opportunities available and help ensure the industry stays strong for years to come.”

NCOIL CEO, Commissioner Tom Considine said, “The insurance industry has always been a great provider of rewarding careers and I continue to recommend everyone, particularly young professionals, consider a career in the industry as it has tremendous growth opportunities. A pivotal point in my career was when I left private practice for a position at MetLife. I ended up staying at MetLife for 18 years, only leaving to become the Banking and Insurance Commissioner of New Jersey.”

Rep. Carl Anderson (SC), Chair of the NCOIL Life Insurance & Financial Planning Committee, stated, “It’s important to highlight February as Insurance Careers Month, which of course is Black History Month. The more Black Americans we can bring into the industry, the more diverse and inclusive the industry will become.”

Anderson continued, “The insurance industry as a whole continues to face a talent crisis that goes beyond diversity as studies consistently show millennials have limited to no knowledge of insurance career opportunities. As an insurance agent, the industry has certainly provided me with a fulfilling career, and I hope younger generations take advantage of the opportunities the industry has to offer.”

More information about the Insurance Careers Movement can be found here:

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NCOIL is a national legislative organization with the nation’s 50 states as members, represented principally by legislators serving on their states’ insurance and financial institutions committees. NCOIL writes Model Laws in insurance and financial services, works to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act over seventy years ago, and to serve as an educational forum for public policymakers and interested parties. Founded in 1969, NCOIL works to assert the prerogative of legislators in making State policy when it comes to insurance and educate State legislators on current and longstanding insurance issues.

For Immediate Release
February 7, 2024
Contact: Pat Gilbert
(732) 201-4133

NCOIL PROPERTY & CASUALTY INSURANCE COMMITTEE ADOPTS PUBLIC ADJUSTER PROFESSIONAL STANDARDS REFORM MODEL ACT
Model Adopted After Months of Deliberation; Committee Also Discussed Path Forward for Catalytic Converter Theft Prevention Model Law

Belmar, NJ – The National Council of Insurance Legislators (NCOIL) Property & Casualty Insurance Committee met Friday and adopted the NCOIL Public Adjuster Professional Standards Reform Model Act (Model). The Model is sponsored by Rep. Michael Meredith (KY) and cosponsored by Rep. Matt Lehman (IN) and Del. Steve Westfall (WV). The Committee also continued discussion on the draft NCOIL Catalytic Converter Theft Prevention Model Act sponsored by Rep. Tom Oliverson, M.D., (TX), NCOIL President, and Rep. Edmond Jordan (LA), NCOIL Secretary.

“The Committee came out of the gate hot in 2024 and I was glad to see us both get a Model across the finish line and have a productive discussion on an important issue before we meet again in Nashville,” said Rep. Forrest Bennett (OK), Chair of the Committee.

The NCOIL Public Adjuster Professional Standards Reform Model Act gives states a framework to amend its statutory code regarding licensing and other professional standards for public adjusters. The Model: prohibits public adjusters from providing services to an insured until a written contract with the insured has been executed on a form that has been pre-filed with and approved by the Commissioner; requires public adjusters to provide an insured written notice of the insured’s rights; sets forth rigorous conflict of interest provisions; and prohibits public adjusters from filing a complaint with the Commissioner on behalf of an insured alleging an unfair claim settlement practice unless the insured has given written consent for the public adjuster to file the complaint on the insured’s behalf.

The Model also requires that all funds received by a public adjuster on behalf of an insured toward the settlement of a claim are handled in a fiduciary capacity and sets limits on the fees public adjusters may charge. Public adjusters may charge a reasonable fee that does not exceed, inclusive of all compensation the public adjuster is paid on a claim, 15% of the total insurance recovery for non-catastrophic claims, and 10% for catastrophic claims.

“I was proud to bring to NCOIL what we learned working on these issues in Kentucky. This Model goes a long way in providing consumers protection, and I really encourage legislators to be proactive in implementing these standards in their states,” said Rep. Meredith.

During the drafting and deliberation process, NCOIL legislators and staff heard from a wide array of interested parties including: the American Association of Public Insurance Adjusters (AAPIA), the Kentucky Farm Bureau, the National Association of Mutual Insurance Companies (NAMIC), the National Association of Public Insurance Adjusters (NAPIA), and the National Insurance Crime Bureau (NICB).

The Model will now be placed on the NCOIL Executive Committee’s consent agenda for final ratification during the NCOIL Spring Meeting in Nashville, TN from April 11 -14.

Following the adoption of the Model, the Committee’s focus then shifted to a discussion surrounding the draft NCOIL Catalytic Converter Theft Prevention Model Act. The Model sets forth criminal penalties for those engaged in the theft of catalytic converters. The Model also imposes recordkeeping and registration requirements on buyers and sellers of catalytic converters and establishes a grant program for eligible entities to carry out covered activities related to catalytic converter theft prevention, including a Vehicle Identification Number (VIN) Stamping Grant Program Fund.

Development of the Model began over a year ago, but recently there were concerns raised by some that the Model is outside the scope of NCOIL as it deals with criminal penalties and it would not be considered by a State’s Insurance Committee, but rather a Judiciary or similar Committee. Accordingly, instead of developing a Model Law, some have called for a Resolution to be developed that would support States taking action to strengthen their catalytic converter laws.

“Acting on this issue is really important as it is becoming of increasing concern for both consumers and insurers. Based on the Committee’s discussions during the meeting, it’s clear that we need more time to determine our next steps, so I am glad we were able to meet and have a productive dialogue well in advance of our next meeting in April,” continued Rep. Bennett.

Rep. Oliverson said, “We have seen a sharp rise in catalytic converter theft in my home state of Texas and it is clear that it is a serious problem all across the country. This is happening at the same time that auto insurance rates have reportedly risen 26% nationwide since just last year.”

“Based on the statistics and testimony presented to NCOIL, it’s fair to say that current state laws are not proving to be effective so it is important that we as legislators are doing all we can to best protect consumers. I look forward to continuing to engage on this issue in April,” Oliverson concluded.

“It will be interesting to see whether the Committee decides to continue developing the Model, or instead develop a Resolution,” said Rep. Jordan. “I’m in favor of a Resolution but regardless of what happens, discussing this issue over the past year has proven to be worthwhile as it has given legislators an awareness of just how prevalent catalytic converter theft has become. This is not a victimless crime and it is really important that states are taking a close look at the issue,” said Rep. Jordan.

NCOIL CEO, Commissioner Tom Considine stated, “This is shaping up to be a very busy year for NCOIL and I applaud the Committee for its work on two issues that are really important in meeting the overall goal of protecting consumers. The organization’s interim meetings are another example of how NCOIL continues to deliberate and act on an ongoing basis throughout the year.”

The Committee will further discuss this issue and decide on its path forward during its next meeting in April.

The Public Adjuster Professional Standards Reform Model, as adopted by the P&C Committee, can be viewed here: https://ncoil.org/wp-content/uploads/2024/02/NCOIL-Pub.-Adj.-ModelP%5E0C-Cmte-Adopt-2-2-24.pdf

The draft Catalytic Converter Theft Prevention Model can be viewed here: https://ncoil.org/wpcontent/uploads/2023/06/NCOIL-Catalytic-Converter-Model-Draft-6-20-23.pdf

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NCOIL is a national legislative organization with the nation’s 50 states as members, represented principally by legislators serving on their states’ insurance and financial institutions committees. NCOIL writes Model Laws in insurance and financial services, works to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act over seventy years ago, and to serve as an educational forum for public policymakers and interested parties. Founded in 1969, NCOIL works to assert the prerogative of legislators in making State policy when it comes to insurance and educate State legislators on current and longstanding insurance issues. 

For Immediate Release
January 31, 2024
Contact: Pat Gilbert
(732) 201-4133

NCOIL HEALTH INSURANCE COMMITTEE ADOPTS MEDICAL LOSS RATIOS FOR DENTAL (DLR) HEALTH CARE SERVICES PLANS MODEL ACT
Model Will Provide Guidance to States Seeking to Pass Legislation Related to Dental Loss Ratios

Belmar, NJ – The National Council of Insurance Legislators (NCOIL) Health Insurance & Long Term Care Issues Committee met Friday and adopted the NCOIL Medical Loss Ratios for Dental (DLR) Health Care Services Plans Model Act (Model). The Model is sponsored by West Virgina Delegate Steve Westfall and co-sponsored by Illinois Representative Rita Mayfield.

Del. Westfall said, “I am proud to sponsor this Model as it will ultimately help ensure that dental insurance is affordable and available to consumers. While it took over a year for NCOIL to reach a consensus, I am thrilled that we landed on a version of the Model that the Committee and representatives from both sides could support. I thank the Committee for its patience in listening to and incorporating input from a wide variety of perspectives and I look forward to passing a bill based on this Model in West Virginia and seeing other states do the same.”

Discussions around the Model began last January and it originally required carriers that issue, sell, renew, or offer a specialized dental health care service plan contract to file an MLR annual report with that states’ insurance commissioner, and then provide annual rebates to enrollees if the ratio of the amount of premium revenue expended by the carrier on the costs for reimbursement for services provided to enrollees under that coverage and for activities that improve dental care quality to the total amount of premium revenue, excluding federal and state taxes and licensing or regulatory fees, and after accounting for payments or receipts for risk adjustment, risk corridors, and reinsurance is less than 85%.

However, after several rounds of discussions, the Committee agreed upon a Model that requires dental plans to report DLR information to the insurance commissioner which the commissioner then aggregates for each market segment. The commissioner then calculates an average DLR for each market segment and identifies as “outliers” any dental plans that fall outside a certain scope of that average DLR. The commissioner is then authorized to take enforcement actions against those “outliers,” including ordering them to issue rebates. If a carrier remains an “outlier” for two consecutive years, that carrier is then subject to a minimum DLR percentage as determined by the commissioner via rule.

The American Dental Association (ADA) and the National Association of Dental Plans (NADP) issued a joint statement supporting the Model. The statement can be viewed here:
https://ncoil.org/wp-content/uploads/2024/01/ADA-NADP-NCOIL-Model-Statement-Final2024-01-23-logos-1.pdf

“The Committee has worked diligently for over a year to develop a Model that is well thought out and incorporates a wide range of policy perspectives,” said Utah Representative Jim Dunnigan, Chair of the Committee. “While there was a lot of debate on this issue, thanks to Del. Westfall’s leadership we were able to reach a consensus and produce a Model that will be very useful to legislators across the country.”

“The passage of this Model by the Health Committee is an example of NCOIL at its finest and I was so glad to see it get across the finish line,” said Arkansas Representative Deborah Ferguson, DDS, NCOIL Immediate Past President. “While I certainly hoped to see it pass when I was President last year, it was really important for us to take some more time to hear from more stakeholders and to work to find a solution that has widespread support.”

During the drafting and deliberation process, NCOIL legislators and staff heard from a wide array of interested parties including: the ADA, the American Council of Life Insurers (ACLI), the American Association of Oral and Maxillofacial Surgeons (AAOMS), the California Dental Association (CDA), Delta Dental of California, the Health Benefits Institute (HBI), the NADP, and the Organized Dentistry Coalition (ODC).

“Passing this Model is a great indication that NCOIL is off to a productive 2024. The Committee has worked tirelessly to get the Model to a place where it could be voted on without objection and I’ll be watching with great interest as it gets introduced in legislatures across the country,” said Texas Representative Tom Oliverson, M.D., NCOIL President.

NCOIL CEO Commissioner Tom Considine said, “Kudos to Chair Dunnigan, Delegate Westfall, and everyone involved in passage of this important Model. The Committee put in a significant amount of time and effort to arrive at a solution that would be universally supported and it is clear that it was well worth it. This is yet another example of how NCOIL continues to be a national model of bipartisan cooperation.”

The Model will now be placed on the NCOIL Executive Committee’s consent agenda for final ratification during the NCOIL Spring Meeting in Nashville, TN from April 11 -14.

A full copy of the Model appears here: https://ncoil.org/wp-content/uploads/2024/01/NCOIL-DLR-Model-Health-Cmte-Adopted-1-26-24.pdf

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NCOIL is a national legislative organization with the nation’s 50 states as members, represented principally by legislators serving on their states’ insurance and financial institutions committees. NCOIL writes Model Laws in insurance and financial services, works to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act over seventy years ago, and to serve as an educational forum for public policymakers and interested parties. Founded in 1969, NCOIL works to assert the prerogative of legislators in making State policy when it comes to insurance and educate State legislators on current and longstanding insurance issues.

CLICK HERE FOR MORE INFORMATION

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For Immediate Release
January 4, 2024
Contact: Pat Gilbert
(732) 201-4133

NCOIL PRESIDENT ANNOUNCES 2024 COMMITTEE LEADERSHIP
Strong Group of Leaders from Diverse States to Head Committees

Belmar, NJ – NCOIL President Tom Oliverson, M.D., state Representative from Texas announced the lineup of NCOIL Committee Chairs and Vice Chairs for 2024.

“I look forward to working with this exceptional group of bipartisan legislative leaders from states all across the country who are committed to further strengthening NCOIL’s national reach and influence in creating sound insurance public policy in 2024 and beyond,” said Oliverson.

The NCOIL Chairs and Vice Chairs are:

Articles of Incorporation/Bylaws

Chair: Sen. Walter Michel (MS)

Vice Chair: Rep. Brian Lampton (OH)

Audit Committee

Chair: Asw. Pam Hunter (NY)

Vice Chair: Rep. Matt Lehman (IN)

Budget Committee:

Chair: Sen. Paul Utke (MN)

Vice Chair: Rep. Brenda Carter (MI)

Financial Services & Multi-Lines Issues:

Chair: Sen. Mary Felzkowski (WI)

Vice Chair: Asm. Tim Grayson (CA)

Joint State-Federal Relations & International Insurance Issues:

Chair: Rep. Rachel Roberts (KY)

Vice Chair: Asm. Jarett Gandolfo (NY)

Life Insurance & Financial Planning:

Chair: Rep. Carl Anderson (SC)

Vice Chair: Sen. Vickie Sawyer (NC)

NCOIL – NAIC Dialogue:

Co-Chairs: Rep. Tom Oliverson (TX)

Asw. Pam Hunter (NY)

Property & Casualty Insurance:

Chair: Rep. Forrest Bennett (OK)

Vice Chair: Rep. Sarge Pollock (KY)

Health Insurance & Long Term Care Issues:

Chair: Rep. Jim Dunnigan (UT)

Vice Chair: Rep. Tammy Nuccio (CT)

Workers’ Compensation Insurance:

Chair: Sen. Lana Theis (MI)

Vice Chair: Rep. David LeBoeuf (MA)

Nominating Committee:

Rep. Deborah Ferguson (AR)

Chairman at Large:

Sen. Jerry Klein (ND)

NCOIL CEO, Commissioner Tom Considine said, “The Committee leadership Rep. Oliverson has selected is a great indicator of where NCOIL is heading as each of these chairs and vicechairs have already made great contributions to the organization. I am certain they will continue to impact the positive growth and momentum NCOIL has experienced the past several years and will work tirelessly to advance model legislation that protects both consumers as well as company solvency and preserves the proven state based system of insurance regulation.”

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NCOIL is a national legislative organization with the nation’s 50 states as members, represented principally by legislators serving on their states’ insurance and financial institutions committees. NCOIL writes Model Laws in insurance and financial services, works to preserve the State jurisdiction over insurance as established by the McCarran-Ferguson Act over seventy years ago, and to serve as an educational forum for public policymakers and interested parties. Founded in 1969, NCOIL works to assert the prerogative of legislators in making State policy when it comes to insurance and educate State legislators on current and longstanding insurance issues.