NCOIL President & CEO Concerned About NFIP Lapse

For Immediate Release
July 23, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL PRESIDENT & CEO CONCERNED ABOUT NFIP LAPSE
Program Scheduled to Expire on July 31; No Plan in Place for Reauthorization

Manasquan, NJ – AR Senator Jason Rapert, NCOIL President. issued the following statement as the National Flood Insurance Program (NFIP) is scheduled to expire in less than 10 days:

“As we discussed with our federal colleagues when we visited with them in DC last month, it is critically important that there be both a short-term and long-term reauthorization of the NFIP. Stability in the marketplace is needed. It is vital to the economic well-being of our shared constituents that there be no lapse that would undoubtedly harm homeowners.”

Commissioner Tom Considine, NCOIL CEO, amplified Sen. Rapert’s message:

“Over the past three years, in more than 150 meetings, we have directly urged Members of Congress and their staffs that the NFIP cannot lapse. If the program expires in the middle of hurricane season, it will be extremely problematic and an awful experience for consumers. In the strongest language possible, NCOIL demands that immediate action be taken to protect this program.”

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NCOIL is a legislative organization comprised principally of legislators serving on state insurance and financial institutions
committees around the nation. NCOIL writes Model Laws in insurance and financial services, works to both preserve the
state jurisdiction over insurance as established by the McCarran-Ferguson Act seventy years ago and to serve as an
educational forum for public policy makers 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
perennial insurance issues.

NCOIL Concludes Successful 2018 Summer Meeting in Salt Lake City

For Immediate Release
July 20, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL CONCLUDES SUCCESSFUL 2018 NCOIL SUMMER MEETING IN SALT LAKE
CITY
Morrish Elected as Vice President, Models and Resolution Discussed and Adopted

Manasquan, NJ – NCOIL concluded a successful 2018 Summer Meeting in Salt Lake City, UT, which included the passage of a Model Towing Act.

“NCOIL continues to be the only organization comprised and run by legislators that drafts insurance and financial service model legislation for the states’ to consider” said AR Senator Jason Rapert, NCOIL President. “As we saw at the Summer Meeting, there are many issues that require the attention of insurance state legislators and we are working diligently to accomplish that.”

As previously reported, the NCOIL Nominating Committee met to consider applications for the vacant Vice- President position and elected LA Sen. Dan “Blade” Morrish.

The meeting included 277 attendees, 51 legislators, 5 Commissioners – UT. Cmsr. Kiser, Idaho Director Cameron, MS Cmsr. Chaney, HI Cmsr. Ito and MO Csmr. Lindley-Myers and 14 Insurance Departments represented. All policy committees met to discuss timely issues.

“I am pleased with the continued growth and energy at the NCOIL Summer Meeting” said Commissioner Tom Considine, NCOIL CEO. “At this meeting, we selected a new Vice President, readopted many models and adopted a Consumer Protection Model Towing Act that represents a comprise among all the stakeholders.”

In addition, there were 3 General Sessions: Innovation General Session – Navigating the Future of Autonomous Vehicles: A Tech and Insurance Update; Health General Session – Breaking Down Silos: Innovative Solutions to Address the Opioid Epidemic; and Property & Casualty General Session – Arrive Alive: Legislative and Industry Trends to Stop Distracted Driving; and 2 Fundamentals of Insurance trainings by the Institutes Griffith Foundation to train new legislators about insurance public policy.

Utah Attorney General Sean Reyes spoke at the Keynote Luncheon and the body saw a video message from Utah Governor Gary Herbert.

The NCOIL Property and Casualty Insurance Committee adopted the Consumer Protection Model Towing Act, sponsored by Rep. Matt Lehman (IN), NCOIL Treasurer, and re-adopted the following model laws for 5 years, per NCOIL bylaws – Model Act Regarding Auto Airbag Fraud; Model State Uniform Building Code; Model Act Regarding Disclosure of Rental Vehicle Damage Waivers; Model Anti-Runners Fraud Bill; Property/Casualty Insurance Modernization Act; and Property/Casualty Insurance Domestic Violence Model Act.

The State Flood Disaster Mitigation and Relief Model Act was re-adopted until the December meeting in Oklahoma City in order to consider proposed amendments that would promote the private flood insurance market.

The NCOIL Financial Services Committee adopted a Resolution in Support of The Small Business Audit Correction Act of 2018, sponsored by Sen. Jason Rapert (AR), NCOIL President.

The NCOIL Health, Long-Term Care & Health Retirement Issues Committee continued discussion of the licensure and regulation of PBMs with the goal of having a model ready for action in December. The NCOIL Workers’ Compensation Committee re-adopted the following model laws for 5 years per NCOIL bylaws – Model Act on Workers’ Compensation Coverage for Volunteer Firefighters; Construction Industry Workers’ Compensation Coverage Act; and Model Act Regarding Workers’ Compensation Insurance Coverage in Professional Employer Organization (PEO) Relationships

The NCOIL Model Act on Workers’ Compensation Repackaged Pharmaceutical Reimbursement Rates was re-adopted until the December meeting in Oklahoma City in order to consider proposed amendments regarding physician dispensing and drug compounding.

Minutes for the NCOIL meeting will be posted in the next few weeks at www.ncoil.org.

The NCOIL Annual Meeting will be in Oklahoma City, OK at the Renaissance Oklahoma City from December 5 – 8. Registration will be open in late August.

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LA Senator Dan “Blade” Morrish Elected to Serve as NCOIL Vice President

For Immediate Release
July 12, 2018
Contact: Paul Penna
(732) 201-4133

LA SENATOR DAN “BLADE” MORRISH ELECTED TO SERVE AS NCOIL VICE PRESIDENT
Replaces VT Rep. Bill Botzow

Manasquan, NJ – The NCOIL Executive Committee met this morning at a Special Executive Committee Meeting during the Welcome Breakfast at the 2018 Summer Meeting in Salt Lake City and elected Louisiana Senator Dan “Blade” Morrish to fill the remaining term as Vice President.

“I am honored and humbled to have been chosen to serve as Vice President” said Morrish. “NCOIL is a valuable organization that I have participated with for many years as a legislator. As we begin NCOIL’s 50th anniversary, I look forward to serving and sharing the great works of this organization.”

The position became vacant when VT Rep. Bill Botzow decided not to seek another term in the VT legislature and resigned as NCOIL Vice President.

“When Bill Botzow told me of his decision to leave the legislature and NCOIL, and I reflected on the need for immediate succession planning, Blade Morrish is the person that came to mind,” said AR Sen. Jason Rapert, NCOIL President. “Blade has been an NCOIL leader who for years, has chaired a number of our committees, and is universally respected in the organization,” Rapert continued. “He has my full confidence and the support of our officer team.”

“Sen. Morrish is exactly the type of leader NCOIL needs in our officer ranks at this point in our history” said Commissioner Tom Considine, NCOIL CEO. “He is forward looking, pragmatic & bipartisan, and intends to grow the organization. I welcome him and am excited to work together.”

Morrish’s biography can be viewed here – http://senate.la.gov/senators/senbiography.asp?SenID=25

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NCOIL Concludes Third Annual DC Fly-in to Educate Members of Congress About the Importance of State-Based Insurance Regulation

For Immediate Release
July 9, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL CONCLUDES THIRD ANNUAL DC FLY-IN TO EDUCATE MEMBERS OF CONGRESS
ABOUT THE IMPORTANCE OF STATE-BASED INSURANCE REGULATION

National cross section of State Legislators Met with Senators, Representatives, Committee Staff and
Member Staff to Further Education Process

Manasquan, NJ: – On June 26th, a bi-partisan group of NCOIL legislators from State Senates and State Houses of Representatives around the country met in Washington DC to educate Members of Congress and their staffs about the vital importance of state-based regulation of insurance and its success for more than 70 years.

Participating legislators including AR Senator Jason Rapert, NCOIL President; IN Rep. Matt Lehman, NCOIL Treasurer; KY Rep. Steve Riggs, NCOIL Immediate Past President; OH Sen. Bob Hackett, Chair of the NCOIL Financial Services Committee; FL Rep. David Santiago, Vice-Chair of the NCOIL Property & Casualty Insurance Committee; MN Rep. Joe Hoppe, Vice-Chair of the NCOIL Life Insurance & Financial Planning Committee; and AR Rep. Deborah Ferguson, Chair of the NCOIL Life Insurance & Financial Planning Committee. They, together with NCOIL CEO Commissioner Tom Considine and staff, participated in more than 50 meetings with Senators, Congressman, and committee and congressional staff, including significant numbers of both the House Financial Services Committee and Senate Banking Committee, to highlight the need to protect the state-based
system of insurance regulation.

“In this critical time in our country, Members of Congress and their staff need to know the importance of state-based regulation of insurance to their states” said AR Sen. Jason Rapert, NCOIL President. “Any attempts to weaken this system have disastrous consequences for our mutual constituents, consumers, companies, and our superior state-based regulation of insurance.”

NCOIL Legislators met with and engaged in dialogue with House Financial Services Subcommittee on Housing and Insurance Chair Rep. Sean Duffy. Rep Duffy is the prime sponsor of H.R. 4537, which aims to preserve the state-based system of insurance regulation by providing greater oversight
of and transparency on international insurance standards setting processes. Rep. Duffy is also the prime sponsor of: H.R. 3746, which would clarify that, subject to narrow exceptions, the business of insurance is not within the jurisdiction of the Consumer Financial Protection Bureau (CFPB); and H.R. 3861, which seeks to overhaul the Federal Insurance Office (FIO) by moving it to the Office of International Affairs within the Treasury Department, limiting FIO’s role to largely international matters, and capping the number of FIO employees to five (5).

In 2016 and 2017, NCOIL hosted an Education Fly-In where more than a half dozen NCOIL legislators traveled to Washington DC and participated in more than 50 meetings to educate Members of Congress and their staff about the well-established state-based regulation of insurance in the United States.

“Education is a critical service that NCOIL provides to legislators and interested parties. State legislators have worked to affirm the state-based system of insurance legislation and regulation that promotes growth and solvency in the market while protecting consumers, and which has worked for nearly 75 years since the passage of McCarran-Ferguson Act” said Considine, former NJ Banking and Insurance Commissioner. “As we conclude our third DC Educational Fly-in over the past 21 months, there is increased knowledge about the need to protect the existing insurance regulatory
system.”

State-based insurance regulation has helped create the most competitive insurance markets in the world. In the past several years a number of federal agencies, including the Federal Reserve and the Treasury, have begun intruding into insurance regulatory issues in ways that Congress did not intend when it adopted the McCarran-Ferguson Act in 1945 and re-affirmed as recently as passage of the Dodd Frank Act.

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NCOIL is a legislative organization comprised principally of legislators serving on state insurance and financial
institutions committees around the nation. NCOIL writes Model Laws in insurance and financial services, works
to both preserve the state jurisdiction over insurance as established by the McCarran-Ferguson Act seventy
years ago and to serve as an educational forum for public policy makers 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 perennial insurance issues.

NCOIL 2018 Summer Meeting Health General Session to Examine Opioid Epidemic

For Immediate Release
June 11, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL 2018 SUMMER MEETING HEALTH GENERAL SESSION TO EXAMINE OPIOID
EPIDEMIC

Utah Attorney General Sean Reyes Highlights Panel, Will Discuss Efforts of Utah Opioid Task Force

Manasquan, NJ – During the 2018 NCOIL Summer Meeting at the Little America Hotel in Salt Lake
City from July 12th – 15th there will be Health General Session titled “Breaking Down Silos: Innovative Solutions to Address the Opioid Epidemic”

“NCOIL continues to provide timely health insurance general sessions as state legislatures and legislators look for policy solutions to this issue” said AR Sen. Jason Rapert, NCOIL President. “I am proud that we are actively searching for solutions to this vexing problem.”

Panelists scheduled to appear include:

Utah Attorney General Sean Reyes – General Reyes will be discussing the efforts of the Utah Opioid Task Force that he serves as co-chair of and co-founded. Information about the Task Force can be found here – https://attorneygeneral.utah.gov/media-center/uag-pressrelease/fighting-against-theopioid-epidemic.

Dr. Andrew Kolodny – Co-Director of Opioid Policy Research at the Brandeis University’s Heller
School for Social Policy and Management.

Dr. Howard Shaps, Sr. Medical Director, WellCare.

“We strive to educate policymakers and provide useful information, so a solution might present itself,” said Commissioner Tom Considine, NCOIL CEO. “We invite top-notch presenters, such as General Reyes, Dr. Kolodny, and Dr. Shaps, to share their experiences and recommendations so they can be taken back to the states for consideration.”

“In Utah, we have worked with stakeholders from a myriad of disciplines while including lawmakers at the state, federal and local levels, to drive policies addressing this scourge of death and addiction related to Opioids,” said Attorney General Sean Reyes. “We have learned valuable lessons from colleagues around the country and are happy to share our own successes with any members of NCOIL for the benefit of their states. I’m honored to be a part of this conference, the national discussion and, hopefully together, solutions.”

Biographies for all participants are below.

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Utah Attorney General Sean Reyes

In 2013, at the age of 42, the Honorable Sean Reyes was appointed by Governor Gary Herbert as Utah’s 21st Attorney General. General Reyes took over an office racked with scandal and inefficiency in the midst of some of the most significant constitutional issues in state history. Within a year, he
reorganized and re-energized the office internally and recaptured the trust of the State with striking leadership, innovative programs and historic wins against drug dealers, human trackers, child predators and white collar criminals. After winning election in 2014 by one of the largest margins
nationwide, Reyes was selected in 2015 by the Republican National Committee as one of its four national rising stars.

Prior to taking office, Attorney General Reyes was a partner in a small venture fund, general counsel for a tech company and a litigation partner at Utah’s largest private law -rm. He has been honored nationally and locally with a long list of awards for his legal skills, leadership and unparalleled
commitment to public service and has founded and served multiple non-pro-t organizations. The son of a Spanish-Filipino immigrant father, who ed the Marcos regime and a Japanese-Hawaiian mother, AG Reyes is Utah’s first minority elected statewide. General Reyes and his wife, Saysha, are
the proud parents of 6 children. He is a former collegiate volleyball player and mixed martial arts fighter who enjoys speaking at Comic Cons, playing basketball, coaching his kids, dancing with Saysha, watching Sports Center, cooking, shooting guns and rapping on Bloomberg News.

Andrew Kolodny

Dr. Kolodny previously served as Chief Medical Officer for Phoenix House, a national non profit addiction treatment agency and Chair of Psychiatry at Maimonides Medical Center in New York City. Dr. Kolodny has a long-standing interest in public health. He began his career working for the New
York City Department of Health and Mental Hygiene in the Office of the Executive Deputy Commissioner. For New York City, he helped develop and implement multiple programs to improve the health of New Yorkers and save lives, including city-wide buprenorphine programs, naloxone overdose prevention programs and emergency room-based screening, brief intervention and referral to treatment (SBIRT) programs for drug and alcohol misuse.

Howard Shaps, MD MBA Sr. Medical Director, Value Based Care

Dr. Howard Shaps has served as a medical director for WellCare since January 2014. In this role, he has been responsible for overseeing the clinical direction of medical services and quality functions in the Kentucky market where he served as medical director for four years. During his tenure, he
provided medical leadership for the effective care integration of pharmacy operations; utilization, care and disease management activities. Most recently, Howard joined WellCare’s corporate team, based out of WellCare’s headquarters in Tampa, Florida. In his current role, Howard is tasked with delivering quality care to all of WellCare’s members through policy development and the promotion of value-based care.

Prior to joining WellCare, Howard was the medical director for Health Care Excel, a nonprofit health care consulting company and served as a medical director for Express Scripts. Since 2007, he has also been an assistant clinical professor of emergency medicine at the University of Louisville School of Medicine. Earlier in his career, Howard served simultaneously as the medical director for the Department of Emergency Medicine for Jewish Hospital in Louisville, Kentucky and the medical director for CVS Minute Clinic. He remains on the emergency medicine staff for the Jewish Hospital. He serves on the National Health Care Anti-Fraud Association Medical Directors Clinical Advisory Panel and most
recently serviced on National Quality Forum’s (NQF’s) Medicaid Innovation Accelerator Committee for the Medicaid Innovation Accelerator Project.

Howard earned his bachelor’s degree in psychology from the University of Michigan, his doctor of medicine from the Boston University School of Medicine and his MBA, with distinction, from the University of Louisville College of Business. He is a diplomat of the American Board of Emergency
Medicine and holds active medical licenses in Kentucky and Indiana.

NCOIL Applauds Passage & President’s Signing of Dodd-Frank Reform Bill

For Immediate Release
May 29, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL APPLAUDS PASSAGE & PRESIDENT’S SIGNING OF DODD-FRANK
REFORM BILL
Bipartisan Bill Provides Regulatory Relief to Community Banks, Increases Transparency in
International Insurance Standard-Setting Activities

Manasquan, NJ – The National Council of Insurance Legislators (NCOIL) applauded the passage and signing of S.2155, The Economic Growth, Regulatory Relief, and Consumer Protection Act, by President Trump last week. The law garnered bipartisan support in both chambers of Congress and contains several provisions on topics that NCOIL has been closely monitoring and discussing.

The provisions in the law garnering the most attention are those that aim to provide regulatory relief to community banks so that they can dedicate more resources towards serving the financial needs of consumers rather than compliance officers.

In July 2017, NCOIL adopted a Resolution “In Support of an Exemption for Community Banks from Onerous and Unnecessary Regulations” – sponsored by Indiana Senator Travis Holdman, NCOIL Immediate Past President.

“Community banks have been disappearing because of the cost of compliance with hundreds of regulations, most of which should never have been applicable to community banks in the first place,” said Senator Holdman. “It was the large banks that engaged in the risky behavior that contributed to the financial crisis of 2007-2008, and community banks unfairly ended up being viewed through the same regulatory lens of agencies such as the Consumer Financial Protection Bureau. This law will help usher back in an era in which community banks thrive and benefit their local communities.”

The law also contains a section that requires increased transparency in international insurance discussions and requires Federal officials to achieve consensus positions with state insurance regulators when negotiating insurance issues on international forums.

“As someone who served formerly as both Banking & Insurance Commissioner in my state (NJ), I can speak to the important steps this legislation takes in both areas,” said NCOIL CEO Tom Considine. “Dodd-Frank should have contained a broad exemption for community banks at the
time it was drafted; and, as we saw from the recent negotiations surrounding the insurance Covered Agreement, the very officials who regulate insurance in this country were essentially locked out,” he continued. “While this legislation is far from perfect, it is a good first step,” Considine concluded.

“I am pleased to see that the President has signed this law,” stated Arkansas Senator Jason Rapert, NCOIL President. “The negotiation process surrounding the Covered Agreement was fundamentally flawed and it is good to see that Congress and the President have realized that and taken steps to improve the overall process of international insurance discussions. Work still needs to be done to ensure that state insurance legislators are part of international insurance discussions, but overall, this section of the law serves to preserve and protect the state-based system of insurance regulation – a cause that NCOIL will always support.”

The text of S.2155 can be viewed here – https://www.congress.gov/bill/115th-congress/senatebill/2155/text?loclr=cga-bill#toc-id0E7DF00F49224D25B2F39A07700D0F8A – and the Resolution can be viewed here – https://ncoil.org/wp-content/uploads/2017/07/community-bankresolution-d2-2-6-17-1-4-7-15-17.pdf

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NCOIL is a national legislative organization comprised principally of legislators serving on state
insurance and financial institutions committees around the nation. NCOIL writes Model Laws in
insurance and financial services, works to both preserve the state jurisdiction over insurance as
established by the McCarran-Ferguson Act seventy years ago and to serve as an educational forum for
public policy makers 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
perennial insurance issues.

NCOIL Statement on ALI ‘Restatement’ of Liability Insurance Law

For Immediate Release
May 25, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL CEO STATEMENT ON ALI ‘RESTATEMENT’ OF LIABILITY INSURANCE LAW
Passage Infringes on Legislative Prerogatives

Manasquan, NJ – Commissioner Tom Considine, NCOIL CEO issued the following statement regarding passage of the American Law Institute (ALI) Restatement of Liability Insurance Law:

“For more than a year we have been working with the ALI to ensure that legislative prerogatives were respected. This vote makes clear that the ALI has indeed departed from the path that has caused it to amass such respect with its earlier restatements in the areas of Contracts, Torts etc.. Previously, I called it a ‘NEWstatement’ and while we have had positive dialogue with the ALI leadership, and there have been some positive changes made to it along the way, the final version passed by the ALI does not alter that general view.”

NCOIL President Sen. Jason Rapert of Arkansas stated “NCOIL will not allow the constitutionally protected legislative prerogatives in each state to be infringed upon by an unelected body. Legislative action includes both the passage as well as the consideration and non-passage of bill language. We will examine all necessary steps to rectify this overreach, including the necessity for a model law that accurately states what the law is on certain liability insurance law topics”.

Rapert continued, “in the meantime, judges around the country should recognize this Restatement is as much a drafters’ wish list as an authoritative reference regarding established rules and principles of liability insurance law.”

NCOIL has devoted considerable time to discussing this issue, including most recently on an interim Executive Committee call earlier this month, at the 2018 Spring Meeting in Atlanta and the 2017 Annual Meeting in Phoenix, where a Resolution was introduced, and later adopted, urging the ALI to
significantly change the Restatement. Past relevant releases can be viewed below:

https://ncoil.org/wp-content/uploads/2017/12/ALI-Res-FINAL.pdf
https://ncoil.org/wp-content/uploads/2018/01/ALI-Res-Exec-Cmte-release-FINAL.pdf

This issue will be discussed at the 2018 NCOIL Summer Meeting in Salt Lake City from July 12 – 15.

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NCOIL President Applauds National Retirement Planning Week

For Immediate Release
April 11, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL PRESIDENT STATEMENT APPLAUDS NATIONAL RETIREMENT PLANNING WEEK
Urges All Americans to Save for Their Retirement Every Payday

Manasquan, NJ – AR Senator Jason Rapert, NCOIL President, applauded the recognition of this week as National Retirement Planning Week:

“Sound retirement planning is vital to the quality of life for Americans in later years and for our economy. As NCOIL President as well as a licensed Financial Advisor for 20 years, I applaud the National Retirement Planning Week and encourage all Americans to plan and save appropriately so their golden years are just that.”

Rapert concluded “When it comes to retirement planning, no one ever plans to fail, but some simply fail to plan properly. Make retirement planning a priority so that the future you always envisioned for your family is possible.”

More information can be found here – https://www.retireonyourterms.org/NRPW and facts about retirement planning can be found here – https://www.retireonyourterms.org/docs/default-source/actioncenter-resources/nnlrtrmntplanweek_toolkit.

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NCOIL CEO Addresses “Insurance Ireland”

For Immediate Release
March 28, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL CEO ADDRESSES “INSURANCE IRELAND”
Delivered Keynote About Efficacy of United States Insurance Regulatory System

Manasquan, NJ – Commissioner Tom Considine, NCOIL CEO recently delivered the keynote address to the capacity crowd at Insurance Ireland’s INED Council’s Flagship Annual Seminar. Insurance Ireland is that nation’s largest business insurance organization, with the INED Council representing the non-executive directors of its member companies.

Considine spoke about the efficacy of state-based regulation of insurance and the process where state legislators make public policy decisions through legislation and state regulators ensure that policy is carried out through the authority given them by the state legislature. Sylvia Cronin, the Director of
Insurance Supervision for the Central Bank of Ireland, also spoke at the event, presenting a contrast of regulatory approaches

“While other countries have different systems of insurance regulation, the United States system has thrived for nearly three quarters of a century” said Considine. “State legislatures work to ensure companies are solvent and consumers are protected. If, that it slightly different among the 50 states, we find that those differences ultimately inure to the improvement of the entire system.” NCOIL has long made protection of the state-based system of insurance regulation against federal and international regulatory creep a top priority having expressed this view in multiple education days to Congress on Capitol Hill.

“We are fond of saying in America that the states are 50 laboratories of democracy,” Considine told the assembled Irish directors, CEOs and others present, “however, nobody wants them passing laws in 50 different directions when it comes to insurance regulatory policy. That’s where NCOIL comes in.”

The seminar took place in The National Concert Hall, Earlsfort Terrace, Dublin.

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NCOIL CEO Expresses Disappointment in Short-Term NFIP Extension

For Immediate Release
March 23, 2018
Contact: Paul Penna
(732) 201-4133

NCOIL CEO EXPRESSES DISAPPOINTMENT IN SHORT-TERM NFIP EXTENSION
Omnibus Bill Only Extends Program Through July

Manasquan, NJ – Commissioner Tom Considine, NCOIL CEO, issued the following statement about the news that the Omnibus Bill passed by Congress includes yet another short-term reauthorization of the National Flood Insurance Program (NFIP) through July:

“It is vital that the NFIP has a long-term reauthorization. It is impossible for states to plan accordingly and protect consumers. It is beyond disappointing that Congress cannot make a long-term commitment to this program before it expires, yet again, in July.”

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