Capital Corner
By Will Melofchik – NCOIL General Counsel
Welcome to the latest installment of Capital Corner, a column that aims to update you on some of the issues that NCOIL is following. Below are issues that NCOIL will be discussing at the upcoming NCOIL Annual Meeting and throughout 2021.
Things have been moving at warp speed here at the NCOIL National Office since we returned from our last meeting in Old Town in late September. Since that time, we have been working hard to develop another important and timely agenda for the Annual Meeting in Tampa. Once again, while the agenda contains several issues related to COVID-19, it also contains several issues unrelated to COVID-19 as we have not lost sight of the other, pressing matters of public policy which must also be considered. For example, this Annual Meeting will begin with a full day dedicated to the initial meeting and hearing of the Special Committee on Race in Insurance Underwriting. Below are three issues that NCOIL will discuss extensively at our Annual Meeting and beyond.
Pandemic Business Interruption Insurance Coverage Proposals Continue to Garner National Attention
If you are reading this column, you know that one of the most important issues throughout the past several months regardless of one’s involvement in the insurance industry has been business interruption insurance coverage issues arising from the global pandemic. NCOIL has been heavily involved with this issue since it exploded onto the scene. We weighed in at both the federal and state level with letters and phone calls, and we held a webinar with the Rutgers Center for Risk and Responsibility which was attended by hundreds of legislators, regulators, consumer advocates and industry representatives.
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