The National Council of Insurance Legislators (NCOIL) will convene for their 2024 Summer Meeting in Costa Mesa, CA from July 17-20. With more than 60 legislators from 30 states already registered, the NCOIL Summer Meeting will be a great opportunity to connect with lawmakers and discuss some of the most pressing issues facing states today. Topics of discussion will include property insurance affordability crises, retirement security, financial literacy, third-party litigation funding, earned wage access, and workers’ compensation fraud.
NCOIL recently released the meeting’s 30-day materials, including the agenda, committee schedules, and general session topics. We highlight key sessions and events below. Our team will be on the ground covering all committee meetings and policy sessions.
For more information about the meeting agenda and ways to get involved, click here or contact Ethan Wilson at elw@stateside.com.
General session topics include:
- “Eye in the Sky: How Insurers’ Use of Aerial Images is Impacting Coverage” on Thursday, July 18
- “NCOIL Special Series on Preventive Medicine Part 1: Early Expenses Prevent Significant Later Costs” on Friday, July 19
- “Financial Literacy: Providing Students With More Life Skills But At What Cost?” on Saturday, July 20
Committee topics include:
- Thursday, July 18
- Joint State-Federal Relations & International Insurance Issues Committee
- Catastrophe Savings Accounts
- Federal Rules Encroaching on the State-Based System of Insurance
- Health Insurance & Long Term Care Issues Committee
- Site-Neutral Payment Reforms
- NCOIL Value Based Purchasing Model Act
- Policies to Support Maternal Health
- Billing Practices in the Ground Ambulance Service Industry
- Financial Services & Multi-Lines Issues Committee
- NCOIL Transparency in Third Party Litigation Financing Model Act
- Regulation of the Bail Bonds Industry
- NCOIL Earned Wage Access Model Act
- Joint State-Federal Relations & International Insurance Issues Committee
- Friday, July 19
- Workers’ Compensation Insurance Committee
- Update on the Status of and Trends in the Workers’ Compensation Insurance Marketplace
- Workers’ Compensation Premium Fraud in the Construction Industry
- Developments in the California Workers’ Compensation Insurance Marketplace
- NCOIL – NAIC Dialogue
- Development of NAIC’s Data Privacy Protection Model Law
- NAIC’s “Framework for Regulation of Insurer Investments” and Proposal Relating to SVO’s Ratings Discretion Process
- NAIC Third-Party Data and Models (H) Task Force
- Implementation/Adoption of NAIC’s Model Bulletin on The Use of Artificial Intelligence Systems by Insurers
- Life Insurance & Financial Planning Committee
- Retirement Security Bill of Rights
- Presentation on Transamerica’s Center for Retirement Studies Annual Retirement Survey
- Proposed Amendments to NCOIL Life Settlements Model Act
- Workers’ Compensation Insurance Committee
- Saturday, July 20
- Property & Casualty Insurance Committee
- Discussion on NCOIL Strengthen Homes Program Model Act
- Update on NAIC’s Property & Casualty Market Intelligence Data Call
- Discussion on NCOIL Online Marketplace Guarantees Model Act – Short Term Rentals
- Introduction and Discussion on NCOIL Motor Vehicle Glass Model Act
- Update on Federal Initiatives Impacting the Title Insurance Marketplace
- Property & Casualty Insurance Committee
Receptions
- Opening reception
- Wednesday, July 17
- Corporate and Institutional Partners (CIP) member and sponsor reception
- Thursday, July 18
NCOIL model bills to be renewed
- Workers’ Compensation Drug Formulary Model Law
- Originally adopted 12/13/19
- Model Act Regarding Use of Claims History Information
- Originally adopted 7/8/05; re-adopted 11/20/11; 12/13/19
- Model Act Concerning State Interpretation of State Insurance Laws
- Originally adopted 7/13/19
- State Flood Disaster Mitigation and Relief Model Act
- Originally Adopted 11/21/03; amended 7/13/08; re-adopted 7/13/19