Members of the National Conference of Insurance Legislators were unable to bring a resolution in support of a natural catastrophe backstop system to a vote today, and will continue to debate the issue at the group's next meeting in July.

The subcommittee chairman, Florida State Sen. Steve Geller, D-Hallandale Beach, noted in bringing the resolution up for debate that he has been making the effort to get a resolution passed “for about six years now,” and added jokingly that “it seems to be that we'll pass it out of the subcommittee when the Messiah comes.”

Even prior to the resolution coming up on the agenda, New York State Sen. William Larkin, R-Cornwall on Hudson, said he was “deeply concerned” about the resolution, which he saw as “reaching out” from the traditional NCOIL method of producing model acts that all states could decide to pass for themselves.