The Nationwide Council of Insurance coverage Legislators (NCOIL) held its 2022 Annual Nationwide Assembly from Nov. 16-19 in New Orleans. On the assembly – the third and ultimate nationwide assembly of the yr – NCOIL set an attendance report of 393 individuals, together with 68 legislators from 28 states, 9 first-time legislators, 9 insurance coverage commissioners and 17 insurance coverage departments represented.
In the course of the assembly, NCOIL adopted 4 new mannequin legal guidelines and re-adopted six present fashions. The group’s coverage committees additionally heard shows and held discussions in regards to the points at the moment impacting the insurance coverage trade.
“In my ultimate assembly as NCOIL president, I used to be proud to see a lot of the work of the previous yr come to fruition,” mentioned California Assemblyman Ken Cooley, who ended his time period as NCOIL president on the conclusion of the assembly. “This has actually been a full-circle second in my profession, as I attended my first NCOIL assembly in 1989 after I was chief counsel to the California Meeting Finance and Insurance coverage Committee. It was an excellent honor to have led the group throughout this vital time.”
“I’m thrilled with how the group completed the yr,” mentioned Tom Considine, CEO of NCOIL. “Attendance at our conferences in 2022 was very robust, and to complete the yr with an attendance record-setting assembly is a testomony to how exhausting everybody has labored. From a substantive perspective, the assembly was extraordinarily profitable when it comes to the mannequin legal guidelines adopted. Every of these fashions represents sound insurance coverage public coverage and you will notice them launched throughout the nation beginning in January.”
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The assembly additionally featured the number of a brand new slate of NCOIL officers for subsequent yr. Arkansas Rep. Deborah Ferguson was elected president, whereas Texas Re. Tom Oliverson was elected vp. New York ASsemblywoman Pamela Hunter will function treasurer, whereas Minnesota Sen. Paul Utke was named secretary.
“After serving virtually 10 years within the Arkansas Legislature and spending a lot of these years concerned with NCOIL, I stay up for working with my fellow officers to proceed to advance the group,” Ferguson mentioned. “The attendance in New Orleans is an indicator of the place the group is heading, and I stay up for doing my half to strengthen and spotlight the optimistic influence the group has had on insurance coverage public coverage as an entire.”