Financial Services & Multi-Lines Issues Committee

All model laws and resolutions on this page have been adopted by the NCOIL Executive Committee, unless otherwise indicated.



Insurance Fraud Model Act — Originally Adopted 7/28/95; Readopted 11/16/01, 11/19/04, 11/22/09, 7/13/19

NCOIL Insurance E-Commerce Model Act – Adopted 3/8/20

NCOIL Rebate Reform Model Act – Adopted 3/8/20

NCOIL E-Titling Model Act – adopted March 8, 2020

NCOIL Model Act Concerning Statutory Thresholds for Settlements Involving Minors Draft as of February 5, 2020          NAMIC Statement            APCIA Comment Letter

Model Act to Support State Regulation of Insurance by Requiring Competition Among Rating AgenciesAdopted 11/19/17       Comment Letters

Model Act Prohibiting Consumer Reporting Agencies from Charging Fees Related to Security FreezesAdopted 11/19/17

Credit Report Protection for Minors Model Act — Originally Adopted 11/20/16; Amended Version Adopted 11/19/17

Credit Default Insurance Model Legislation – Originally Adopted 7/11/10; Readopted 11/19/17

Identity Theft Protection Model Act – Originally Adopted 11/21/03; Readopted 11/11/06, 11/20/11, 11/20/16



State Model Language for Implementation of Public Law 110-289, Title V—S.A.F.E. Mortgage Licensing Act – Supported 3/1/09



Resolution Asserting McCarran-Ferguson Reverse Preemption over the Supervision of Insurance Companies by the Federal Reserve Board and its Examiners — Adopted 12/8/18

Resolution in Support of State Regulated Health Savings Account-Based Coverage — Adopted 12/8/18

Resolution in Support of The Small Business Audit Correction Act of 2018 — Adopted 7/15/18

Resolution Encouraging the Adoption of Voluntary Data Call Principles — Adopted 11/16/17

In Support of Exemption for Community Banks from Onerous and Unnecessary Regulations — Adopted 11/15/17

In Support of States’ Authority as the Primary Regulator of Insurance Companies – Adopted 11/15/15

Concerning Best Practices for Pension De-Risking through Private Annuitization – Adopted 11/23/14

Opposing PEPTA Federal Pension Reform Legislation – Adopted 11/20/11

Urging Senate Committee to Exclude Insurers from Systemic Risk Regulation, Assessments for Resolution of Systemically Risk Companies ─ Adopted 3/7/10

In Support of the Enforcement of Department of Defense Predatory Lending Regulation – Adopted 3/1/09

Opposing the Proposed Amendment to IRS Regulations Eliminating the Deductibility of Captive Insurance Company Reserves – Adopted 11/17/07

In Support of the Expansion of the Liability Risk Retention Act to Cover All Commercial Lines of Insurance — Adopted 7/12/02



Letter in Support of the Policyholder Protection Act of 2015 – 3/18/15

Letter to CFPB Seeking Clarification re: CFPB Actions and State Regulation, Requesting Formal Dialogue with Bureau – 12/4/14

Letter to H.R. 4173 Conferees Regarding Need for Material Interest in CDS Market ─ 6/15/10

Letter to U.S. Senate Supporting S. 3217 Amendments to Add State Officials to Financial Services Council ─ 5/17/10

Letter to House Financial Services, Agriculture Committees Regarding H.R. 4173 and Need for State CDS Regulation – 12/7/09

Letter to Senate Banking and House Financial Services Committees Regarding NCOIL CDS Activity – 7/22/09