NAIC Approves Its 2021 Budget


WASHINGTON (December 10, 2020) — The National Association of Insurance Commissioners (NAIC) approved its 2021 budget during the Joint Meeting of the Executive Committee and Plenary at the Fall National Meeting held virtually on December 9, 2020. The budget includes total revenues (including investment income) of $119.0 million and total expenses of $127.2 million, which represents a 1.1 percent increase and 1.5 percent increase, respectively, from the 2020 budget.    

The 2021 NAIC budget can be found on the NAIC’s About Budget page.

About the NAIC

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. For more information, visit

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