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NCOIL pitches membership to Maine lawmakers, offers stipends and model-law support
Summary
The National Conference of Insurance Legislators (NCOIL) presented to the committee, promoting legislative education, model-law development and a stipend program that offsets travel for contributing states; NCOIL representatives encouraged Maine to rejoin as a contributing state to access leadership roles and support.
Will Molofchick, CEO of the National Conference of Insurance Legislators (NCOIL), told Maine's Health Coverage, Insurance and Financial Services Committee that NCOIL develops bipartisan model laws and provides educational forums for legislators who craft insurance and financial-services statutes.
Molofchick described model laws and policy work — citing the early Transportation Network Company model and more recent work on credit use in underwriting and AI-human-in-the-loop concepts — and highlighted practical benefits for contributing states, including stipends that cover registration and up to $1,500 in expenses for legislators and staff to attend three national meetings a year. He said contributing states also become eligible to hold NCOIL leadership positions and to host meetings.
Members asked about NCOIL’s bipartisan structure, meeting formats that restrict lobbyist access for members-only sessions, and examples of model laws relevant to Maine’s current agenda. Molofchick offered to coordinate scholarship or stipend access while Maine considers membership.
The committee welcomed the presentation and several members encouraged colleagues to attend NCOIL meetings to gain policy ideas and contacts across states.
