WASHINGTON (June 25, 2020) - The NAIC accreditation program establishes and maintains sound solvency regulation standards. Delaware, Louisiana and Rhode Island were awarded continued accreditation.
The accreditation 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
Primary licensing, redomestications and change of control of domestic insurers.