Category: NCOIL

  Approximately 350 state legislators, insurance regulators, federal officials and insurance industry and consumer representatives attended the National Conference of Insurance Legislators (“NCOIL”) Annual Meeting in Austin, Texas, which was held from November 18 through 21, 2010.   A synopsis …

  Attending legislators at the November 18-21 National Conference of Insurance Legislators (“NCOIL”) 2010 Annual Meeting adopted a “slimmed-down” version of the Surplus Lines Insurance Multi-State Compliance Compact after it was approved on November 18 by NCOIL’s State-Federal Relations Committee. …

  After consideration of a revised draft of the Surplus Lines Insurance Multi-State Compliance Compact (“SLIMPACT-Lite”) proposal this afternoon, the National Conference of Insurance Legislators (“NCOIL”) State-Federal Relations Committee (“Committee”) ultimately adopted two resolutions regarding compliance with the Non-Admitted Reinsurance …

  At the National Conference of Insurance Legislators (“NCOIL”) Annual Meeting today, November 19, 2010, state legislators and regulators discussed options for addressing mandates in the Non-Admitted Reinsurance Reform Act of 2010 (“NRRA”), which is part of the recently passed …

  The National Conference of Insurance Legislators meets this week, from November 18-21, 2010, for its 2010 Annual Meeting at which legislators will review, among others, the following key issues, proposals for which can be accessed by clicking on the hyperlinks below: Fees for …

  In continuing discussion on “The Life Insurance Consumer Disclosure Model Act (‘Model Act’),” via teleconference on September 24, 2010, the National Conference of Insurance Legislators (“NCOIL”) Life Insurance and Financial Planning Committee (the “Committee”) reversed its prior approval of …

  The National Conference of Insurance Legislators (“NCOIL”) Life Insurance and Financial Planning Committee (“Committee”) met via teleconference on September 13, 2010 to continue its review of “The Beneficiaries’ Bill of Rights (‘BBR’),” a proposed model law that would regulate …

  Chaired by Georgia Senator Ralph Hudgens, the National Conference of Insurance Legislators (“NCOIL”) Life Insurance and Financial Planning Committee (“Committee”) held a teleconference on September 13, 2010 to discuss a proposed Model Act that would require life insurers to …

  Chaired by U.S. Senator Ralph Hudgens (R-GA), the National Conference of Insurance Legislators (“NCOIL”) Life Insurance and Financial Planning Committee (“Committee”) held a teleconference on September 8, 2010 to discuss a proposed Model Law that would regulate the disclosure, …

    In advance of a September 13, 2010 National Association of Insurance Commissiners (“NAIC”) teleconference on surplus lines reform implementation, the National Conference of Insurance Legislators (“NCOIL”) urged the use of the proposed Surplus Lines Insurance Multi-State Compliance Contract …