Idaho, Kentucky, Oklahoma, and Vermont Achieve Reaccreditation During NAIC 2025 Fall National Meeting
During the NAIC’s 2025 Fall National Meeting, the NAIC Financial Regulation Standards and Accreditation (F) Committee voted to accredit the insurance regulatory departments in Idaho, Kentucky, Oklahoma, and Vermont. Accredited insurance departments undergo a comprehensive, independent review every five years to ensure they meet financial solvency oversight standards.
The NAIC Accreditation Program demonstrates that state insurance regulatory departments meet standards of solvency regulation and provide effective regulation of multistate insurers. NAIC accreditation allows non-domestic states to rely on the accredited domestic regulator to fulfill a baseline level of effective financial regulatory oversight.
To become accredited, a U.S. state or territory insurance regulatory department must submit to a full on-site accreditation review by a team of independent consultants who evaluate its capabilities in the following areas:
- Financial solvency laws and regulations
- Financial analysis and examination capabilities
- Organizational and personnel practices
- Primary licensing, re-domestications, and change of control of domestic insurers
For a state insurance regulatory department to remain accredited, an accreditation review must be performed at least once every five years, with interim annual reviews. If necessary, key areas for improvement may be provided to the state, and an interim follow-up may be required.
Learn more about the NAIC’s Financial Regulation Standards and Accreditation program.
(Director Dean Cameron [third from bottom right] with team members from the Idaho Department of Insurance)
(Commissioner Sharon Clark [center, first row] with team members from the Kentucky Department of Insurance)
(Commissioner Glen Mulready [center, first row] with team members from the Oklahoma Insurance Department)
(Commissioner Kaj Samsom [second from left] with team members from the Vermont Department of Financial Regulation)
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.