NAIC

The National Association of Insurance Commissioners, a voluntary organization of state insurance regulators that develops model laws, regulations, and guidelines to promote uniformity in insurance regulation across the United States. The NAIC maintains financial databases on insurance companies, establishes accreditation standards for state insurance departments, and coordinates multi-state regulatory actions. While the NAIC has no direct regulatory authority, its model acts are widely adopted by state legislatures and significantly influence insurance regulation nationwide.