The National Council of State Insurance Legislators (NCOIL) approved the Consumer Protection Model Towing Act at their Summer Meeting in Salt Lake City. The Act will serve as a guide to aide state lawmakers better regulate the towing industry, help protect accident victims from overzealous solicitation and addresses other key areas. NICB served as a valued resource to NCOIL on the model's formation. Special thanks to Indiana State Representative Matt Lehman on sponsoring the model as well as contributions from NICB member companies, the National Association of Mutual Insurance Companies and others.
About the National Insurance Crime Bureau: Headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. The NICB is supported by more than 1,200 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $530 billion in insurance premiums in 2020, or more than 82% of the nation's property-casualty insurance. That includes more than 95% ($236 billion) of the nation's personal auto insurance. To learn more, visit www.nicb.org.