NAIC Flashcards
National Association of Insurance Commissioners
1
Q
- Protect the interest of policyowners and consumers.
- Ensure State regulation of the insurance business
- Encourage consistency in State laws and regulations.
- Assist in the administration of laws and regulations.
A
The NAIC has four objectives:
2
Q
NAIC
A
Protects the policy owner and consumer
3
Q
NAIC
A
Ensure State regulation of the insurance business
4
Q
NAIC
A
Encourage consistency in State laws and regulations.
5
Q
NAIC
A
Assist in the administration of laws and regulations.
6
Q
The NAIC has four objectives
A
Protect
Ensure
Encourage
Assist