NAIC

Created in 1871 by state insurance regulators to
address the need to coordinate regulation of multi-state
insurers.

NAIC members are the state insurance commissioners.

NAIC members have regulatory authority, but the NAIC
organization does not. NAIC staff provide immense
support to the U.S. insurance regulators who execute
state-based insurance regulation.

The NAIC provides a forum for the development of
uniform policy, including model laws and regulations,
financial reporting and RBC requirements.