NCOIL President Calls For State Uniformity Push
NU Online News Service, Jan. 28, 11:02 a.m. EST?State Rep. Kathleen Keenan, D-St Albans, Vt., the National Conference of Insurance Legislators president, announced new committee heads for the group yesterday and said NCOIL must work to create more uniformity in regulations.
"State lawmakers must focus on streamlining the current system of insurance regulation so it becomes more uniform and so it effectively protects consumers, fosters competition, and does not place insurance providers at a competitive disadvantage with other sectors of the financial services industry," Ms. Keenan said in a statement.
This year, Ms. Keenan said, will be vitally important for state legislators and NCOIL, "given the unprecedented political and insurance marketplace realities."
Issues that face NCOIL's leadership, she said in a statement, include scarcity and price increases in the commercial and personal insurance markets, growing concerns over availability and affordability of health insurance, "a push by some to erode the state regulatory system", and the ongoing threat of terrorism.
Named as committee chairs were: Health Insurance, Rep. Brian Kennedy of Rhode Island; International Insurance Issues, Rep. Mark Young, Vermont; Life Insurance, Sen. James Seward, New York; Property-Casualty Insurance, Rep. George Keiser, North Dakota; State-Federal Relations, Sen. Neil Breslin, New York; and Workers' Compensation Insurance Assemblywoman Nancy Calhoun, New York.
NCOIL members are state legislators whose main area of public policy concern is insurance legislation and regulation. Many state legislators active in NCOIL either chair or are members of the committees responsible for insurance legislation in their respective state houses across the country.
NCOIL's National Office is in Albany, N.Y.
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