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Rep. Damron Takes Reins as NCOIL President

Kentucky State Representative Robert Damron took over as President of the National Conference of Insurance Legislators (NCOIL) during the organization's recent Annual Meeting. The...
December 15, 2009

Kentucky State Representative Robert Damron took over as President of the National Conference of Insurance Legislators (NCOIL) during the organization's recent Annual Meeting.  The election slate also included the following officers for 2010:  Rep. George Keiser (ND) as President-Elect; Sen. Carroll Leavell (NM) as Vice President; Sen. Vi Simpson (IN) as Secretary; and Rep. Charles Curtiss (TN) as Treasurer.

"The states have reason to be proud," said Damron. "While federally chartered banks and securities firms caused unprecedented damage to our financial system, the state-regulated insurance sector has remained strong.  It is incumbent on NCOIL to ensure that financial services overhaul legislation does not peel away important state regulation and consumer protection."

Rep. Damron said that while NCOIL works on the federal level to preserve state oversight, legislators will work in the states to enhance day-to-day insurance regulation. He said NCOIL will continue efforts to expand an Interstate Insurance Product Regulation Compact and to promote uniformity and reciprocity in producer licensing and in market conduct regulation.

Rep. Damron Takes Reins as NCOIL President (PDF file, NCOIL 12/11/09)