Commemoration of the 50Th Anniversary of the National Council of Insurance Legislators
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Commemoration of the 50th Anniversary of the National Council of Insurance Legislators S 5 E L U M B 0 T C O I A F & Y A P O U T T E E C R S I T A R O T R S R I 0 I D C S O 5 & S EST. 1969 O Y U C N I D L O P U B L I C P S 5 S 5 E L U M B 0 E L U M B 0 T C O I A T C O I A F & Y F & Y A P A P O U O U T T E E T T E E C R C R S I T A S I T A R R O O T T R R S R S R I I 0 I 0 I D C S D C S O O 5 & 5 & S EST. 1969 S EST. 1969 O Y O Y U U I C Commemoration of the 50th Anniversary of the NationalNational Council Council of of Insurance Insurance Legislators Legislators I C N N D L D L O O P U B L I C P P U B L I C P Many notable things occurred in 1969 .... Over five decades, the organization has evolved from As the current NCOIL officers, we are proud that meetings meeting annually (with the Executive Committee and routinely draw more than 300 attendees and 70 legislators, ... to name a few, American astronauts landed on the moon, In the first few decades, the organization discussed models later individual committees meeting separately during three times a year every year to solve problems. We imagine the New York Jets beat the heavily favored Baltimore Colts regarding health guaranty associations, HMO issues, the course of the year) to three National Meetings a year NCOIL will continue to be on the forefront of crafting in the Super Bowl, thousands attended the Woodstock and arson, national health care, workers’ compensation issues where policy committees discuss emerging issues, draft solutions to emerging insurance policy issues. Altamont Music Festivals, Richard Nixon took the oath of and federal no-fault automobile insurance issues. and deliberately consider model laws. Over the years there office to become the 37th President of the United States, the have been discussions regarding affiliating with other Stonewall Riots took place, the first automatic teller machine We have scoured past COIL/NCOIL meeting minutes, organizations; yet NCOIL remains the strong, stand-alone was unveiled, former President Eisenhower passed away, and compiled a historical timeline and a list of past organization it is today. LA Senator Dan “Blade” Morrish, President Butch Cassidy and the Sundance Kid premiered in theaters presidents to create this commemorative edition. We IN Representative Matt Lehman, Vice President the Brady Bunch premiered on television, and President reached out to more than two dozen past presidents who The future? It is difficult to know where the organization will be CA Assemblyman Ken Cooley, Treasurer Nixon delivered his famous silent majority speech. are still living — by letter, electronic mail, webmail, in 50 years. We hope the organizing legislators would be proud NY Assemblyman Kevin Cahill, Secretary Linkedin, and Facebook Messenger — and asked them of how NCOIL has emerged as the pre-eminent organization it AR Senator Jason Rapert, Immediate Past President In October 1969 in New York City, more than 50 state to share their thoughts. We are proud that a dozen is today. We are committed to it remaining so. IN Senator Travis Holdman, Immediate Past President legislators from 17 states met to discuss solutions to the have shared their memories of their time with NCOIL. threat of federal encroachment on insurance and better Legislators from 28 states have served as President of this ways for the states to coordinate with one another and organization and meetings were held in 34 states plus Historical Timeline of NCOIL thus the Conference of Insurance Legislators (COIL) the District of Columbia and one in Toronto, Canada. Compiled from NCOIL Meeting Minutes was born. ContinuedContinued next next page page The more things change, the more they remain the same. In Administrator, Superintendent of the New York Insurance reviewing the past minutes and inaugural organizational flyer Department, Lieutenant Governor Malcom Wilson. about the Conference of Insurance Legislators, as it was first • Issues discussed included protection of state-based regulation known, among the reasons for forming the organization, in the of insurance; FAIR and flood insurance program. organizers’ words below, are still largely relevant today: “The continued threat of federal intervention in recent years and 1970 the need for an interchange of views and information on insurance problems common to all of the states such as rate regulation, market • Adopted Life and Health Guaranty Association Model Act availability, insolvency protections, fire pools and automobile liability insurance have made it essential that better channels of communication at the state legislative level be developed.” 1972 This historical timeline was created from the available meeting • Adopted Articles of Organization/Bylaws minutes and documents. It attempts to give the reader some interesting policy and administrative highlights but is not an exhaustive or complete summary of what initially was 1973 the Conference of Insurance Legislators, then the National Conference of Insurance Legislators, and now the National • Considered affiliating with National Legislative Conference. Council of Insurance Legislators has worked on for the past 50 • Meeting fees: years. The first available minutes were those from 1973 and there o $40/legislator and staff is a gap in the mid 1990’s that we have attempted to reconstruct. o $100/commissioner o $100/industry • Creation of a site selection committee 1969 • Discuss federal No-Fault insurance • Charles Davis is the Executive Director. • First meeting was held in New York City from October 1st - 3rd. • More than 50 legislators representing 17 states east of the Mississippi River. 1974 • The assembled gathering heard from the Federal Insurance • Testified in DC against Federal No-Fault. • Creation of federal/state Relations Committee. • A motion was made in the Executive Committee to exclude industry from participating that was defeated. • By-laws committee proposed. • Involuntary market programs. • HMO’s and national health insurance and Model Health bill for states. • NCOIL’s First President, New York Senator Bernard G. Gordon, addresses an early meeting of the Conference of Insurance Creation of the Industry Advisory Council (IAC) to assist with Legislators. Participating are Mississippi Senator Perrin Purvis, Rhode Island Representative Samuel C. Kagan, the next meetings. • two men are unidentified but the final three are staff to Senator Gordon - Julie Cohen, Donnie Elotto and Elsie Banks. Adopts resolution urging Congress to leave insurance to the states. • Creation of a medical malpractice committee. This first appeared in the Fall 2019 issue ofThe Demotech continued on page 15 Difference, a publication of Demotech, Inc., www.demotech.com. The DemotechTo obtain yourDifference own copy Fallcontact 2019 [email protected]. The Demotech Difference Fall 2019 S 5 S 5 E L U M B 0 E L U M B 0 T C O I A T C O I A F & Y F & Y A P A P O U O U T T E E T T E E C R C R S I T A S I T A R R O O T T R R S R S R I I 0 I 0 I D C S D C S O O 5 & 5 & S EST. 1969 S EST. 1969 O Y O Y U U I C Commemoration of the 50th Anniversary of the NationalNational Council Council of of Insurance Insurance Legislators Legislators I C N N D L D L O O P U B L I C P P U B L I C P COIL Organizational Flyer from 1969 Conference of Insurance Legislators Past and Present Presidents In October 1969, The Chairman of your Committee invited state legislators of 22 states east of the Mississippi to New York City to participate in a three day conference on insurance problems. The continued threat of federal intervention in recent years and the need for an interchange of views and information on insurance problems common to all of NCOIL Share Their Recollections of the states such as rate regulation, market availability, insolvency protection, fire pools and automobile liability insurance have made it essential that better channels of communication at the state legislative level be developed. of the Organization Permanent forums have long existed for the executive branches of state government concerned with insurance regulation (the National Association of Insurance Commissioners) and for state legislative bodies generally (the National Conference of State Legislative Leaders, National Legislative Conference, etc.,). The absence of an interstate forum of state legislators whose exclusive concern would be the wide-ranging and complex problems of insurance regulation has several hampered joint efforts by the states to solve common Representative Mike Stinziano, 1990 problems, to provide information flow and to effectively represent the views of the states to Washington. More than 50 legislators representing 17 states attended the three-day conference. In 1990, when I served as President, NCOIL fought hard Among the insurance experts who addressed the group on the opening day was Mr. George K. against repeal of the McCarran-Ferguson Act, maintaining Bernstein, Federal Insurance Administrator and previously First Deputy Superintendent of Ohio Representative the New York Insurance Department. Mr. Bernstein discussed the four-point program for strong opposition against federal intervention into the rights property-liability insurance recently enacted in New York State. He also commented on the of the states to regulate and legislate insurance matters.