The National Association of Insurance Commissioners
The National
Association of Insurance Commissioners (NAIC) is the organization of
insurance regulators from the 50 states, the District of Columbia and the five
U.S. territories. The NAIC provides a forum for the development of uniform
insurance regulatory policy, when uniformity is appropriate.
State insurance regulators created the NAIC in 1871 to address the need to
coordinate regulation of multi-state insurers. Since then, new legislative
concepts, new levels of expertise in data collection and delivery, and a
commitment to even greater technological capability have moved the NAIC forward
into its role as a multidimensional, regulatory support organization.
The mission of the NAIC is to assist state insurance regulators, individually
and collectively, in serving the public interest and achieving insurance
regulatory goals in a responsive, efficient and cost effective manner,
consistent with the wishes of its members.
Florida and the NAIC
Florida has exercised leadership within the NAIC by serving as members, Chair
or Vice Chair of
significant
standing committees and continues to be actively involved in several key
committees of the NAIC. At the Winter National Meeting in December 2008,
Commissioner McCarty was elected by his peers to become the NAIC's
secretary-treasurer. In December 2009, McCarty was elected vice president. In
October 2010, the Commissioner was elected to be President-Elect of the NAIC,
and will serve through December 2011.
NAIC News Releases
and Consumer Alerts