2019 Accredited States
The NAIC Financial Regulation Standards and Accreditation (F) Committee voted to accredit the departments of Arizona, California and Florida. Accredited insurance departments undergo comprehensive, independent review every five years to ensure they meet financial solvency oversight standards.
The NAIC accreditation program establishes and maintains sound solvency regulation standards. It provides for the effective regulation of multi-state insurance companies with emphasis on each state's:
• Financial solvency laws and regulations;
• Financial analysis and examination capabilities;
• Organizational and personnel practices; and
• Insurer organizational review, licensing and change of control of domestic insurers
Arizona
The Arizona Department of Insurance team and Director Keith Schraad.
California
The California Department of Insurance team and Commissioner Ricardo Lara.
Florida
The Florida Office of Insurance Regulation team and Commissioner David Altmaier.
About the National Association of Insurance Commissioners
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.