Glossary
National Association of Insurance Commissioners (NAIC)
Comprised of insurance commissioners from each of the 50 states, the District of Columbia and the four U.S. territories, the NAIC provides a forum for the development of uniform policy for insurance regulations. Created in 1871, the NAIC has the primary responsibility of protecting the interests of insurance consumers. The NAIC helps assistance regulators' in their shared objective of financial and market conduct regulation.
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