An association of state insurance commissioners active in solving insurance regulatory problems and in the formation and recommendation of model legislation and regulations. The aim is to achieve state-to-state uniformity so that insurance marketing on a national basis is simplified.
(NAIC) An association of insurance regulators in the U.S. who promote uniform insurance regulation, draft model laws for implementation by the states and monitor the solvency of insurance companies.
A national organization of state insurance commissioners with a goal of promoting uniformity of state regulations for the insurance industry. Also see NAIC Home Page.
A national organization of state officials who are charged with the regulation of insurance. The Association was formed to promote national uniformity in the regulation of insurance.
National organization of state officials charged with regulating insurance. NAIC was formed to provide national uniformity to insurance regulations.
Organization made up of individual state insurance commissioners whose purpose is to promote uniformity in regulation by drafting model laws and regulations.
An association of insurance commissioners and superintendents formed to share information and develop common laws and procedures for insurance regulatory purposes.
A national organization made up of state officials who are in charge of regulating insurance. They have considerable influence and strive to promote national uniformity in insurance regulations. (from LTCInsurance)
A voluntary organization of state officials including commissioners, superintendents and directors, having authority to regulate insurance. NAIC provides its members with many services including research studies which often lead to model bills. These model bills are recommended to states as uniform laws and regulations as appropriate. Also provided are valuations of securities held by insurance companies, and the NAIC Insurance Regulatory Information System--formerly called the Early Warning System. Required by the NAIC from all licensed insurance companies are annual statements.
Association of state insurance commissioners whose purpose is to promote uniformity of insurance regulation, monitor insurance solvency and develop model laws for passage by state legislatures.
An organization of state insurance commissioners which meets to discuss and develop insurance regulations and practices.
National organization of state officials charged with regulating insurance. NAIC assesses the quality of managed care plans. Publishes information about the quality, accreditation and performance of health plans so consumers can make informed decisions while choosing health insurance.
A private, nonprofit association of insurance commissioners from all 50 states and the District of Columbia that promotes uniformity of state insurance regulation within the United States. The NAIC adopts model bills and regulations which each state can choose to adopt, use as the basis for its own laws and regulations, or ignore altogether.
National organization of state officials charged with regulating insurance. It has no official power but wields tremendous influence. The association was formed to provide national uniformity in insurance regulations.
Membership organization of insurance commissioners. One of its goals is to promote uniformity of state regulation and legislation related to insurance.
An association of the chief insurance regulators in all 50 states, Washington D.C., and four U.S. territories. The NAIC's primary responsibility is to set guidelines to protect the interests of insurance consumers.
A professional organization that assists state insurance departments and helps draft model laws.
(NAIC) - Originally National Convention of Insurance Commissioners. An association of state insurance commissioners formed for the purpose of exchanging information and of developing uniformity in the regulatory practices of the several states through drafting model legislation and regulations. The NAIC has no official power to enforce compliance with its recommendations.
An association of the insurance commissioners of the states and territories.
An organization of insurance commissioners and superintendents that promotes communication about insurance regulation and practices and recommends model laws related to insurance in all states for the purpose of helping standardize laws and practices, and promoting consumer protection.
NAIC The umbrella association of state insurance regulators. It is headquartered in Kansas City. Its recommendations are not binding on members, but are generally followed.
The association of insurance commissioners of various states formed to promote national uniformity in the regulation of insurance.
In the United States, an association of state insurance commissioners designed to promote consistent insurance regulation. Although the NAIC has no legal power, the recommendations of the NAIC and the actions taken at its semiannual meetings carry great weight with the individual state insurance commissioners, the state legislatures, and the insurance industry. Similar to the Canadian Council of Insurance Regulators (CCIR) in Canada.
Organization comprised of State Insurance Commissioners whose purpose is to draft uniform laws and regulations.
The National Association of Insurance Commissioners (NAIC) is an Internal Revenue Code Section 501(c)(3) non-profit organization which seeks to organize the regulatory and supervisory efforts of the various state insurance commissioners from around the United States. The NAIC was formed in 1871.