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.



NCOIL Federal Home Loan Bank Insurer-Member Model Act – Adopted 7/22/23

NCOIL Insurance Regulatory Sandbox Model Act – Adopted 11/19/22

NCOIL Insurer Division Model Act – Adopted 4/18/21

NCOIL Remote Notarization Model Act – Adopted 11/20/21

NCOIL Uniform Captive Insurer Model Act – Adopted 11/20/21

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; Amended 11/18/23

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 – Adopted 9-26-20

NCOIL Model Act to Support State Regulation of Insurance by Requiring Competition Among Rating Agencies – Originally Adopted 11-16-17; Readopted with amendments 11/19/22

NCOIL Model Act Prohibiting Consumer Reporting Agencies from Charging Fees Related to Security Freezes – Originally Adopted 11-16-17; Readopted 11/19/22

NCOIL Credit Report Protection for Minors Model Act – Originally Adopted 11-16-17; Readopted 11-19-22

NCOIL Credit Default Insurance Model Legislation – Originally Adopted 11-22-09; re-adopted 7-11-10, 11-16-17, 11-19-22

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



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



Financial Services & Multi-Lines Issues Committee Interim Minutes – September 29, 2023


Resolution in Support of Establishing National Standards and Procedures for the Reporting and Payment of Premium Taxes Due as a Result of Direct Procurement – Adopted 11/18/23

NCOIL Resolution in Support of Existing Law Exemptions for New Data Privacy Laws – Adopted 7/22/23

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