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LEGISLATORS OBLIGATED TO OVERSEE INSURANCE REGULATORS—SUBCOMMITTEE TO IMPLEMENT NEW STRATEGIES
 

Houston, Texas, December 2, 2007 National Conference of Insurance Legislators (NCOIL) President Rep. Brian Kennedy (RI) at a meeting here today told members of the National Association of Insurance Commissioners (NAIC) that state legislators—because they have delegated authority by statute to insurance regulators and the NAIC—are compelled to actively oversee such entities.  Rep. Kennedy informed state insurance commissioners at an NAIC Legislative Liaison Committee meeting that NCOIL has formed a select subcommittee to implement appropriate strategy recommended by A Study on State Authority: Making a Case for Proper Insurance Oversight.  The  Insurance Legislators Foundation (ILF)—the research and educational arm of NCOIL—commissioned the study to take an in-depth objective look at insurance regulation in the states in order to make necessary improvements.


Study on State Authority

The Insurance Legislators Foundation (ILF) is a non-stock, non-profit corporation formed in 1993. The purpose of the organization as stated in its bylaws includes, in part, “providing a public service in the form of non-partisan research and technical information to governments by educating and informing legislators on public policy issues arising from insurance-related legislation and regulation."

Membership
Bylaws
ILF Board Meeting Minutes

STUDY ON STATE AUTHORITY
Proposed Resolution to Reallocate State Assessments
Scope of Study on State Authority

MARKET CONDUCT
NCOIL Adopts Market Conduct Model Law at 2006 Annual Meeting
NCOIL Market Conduct Surveillance Model Law -- 11/11/06

Resolution on Market Conduct -- July 10, 2003


FLOOD STUDY
Rising Waters, Mounting Challenge – Flood Prevention, Protection and Assistance - A Legislator's Guide to Flood Insurance
National Flood Insurance Study Concept Agreement.
 

 
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