About the NAIC Video: About the NAIC

 A message from NAIC CEO Sen. Ben Nelson
NAIC ANNUAL REPORT  |   NAIC BUDGET

The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and 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 review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S.

OUR MEMBERS
NAIC members are the elected or appointed state government officials who along with their departments and staff, regulate the conduct of insurance companies and agents in their respective state or territory.

OUR MISSION
The mission of the NAIC is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental insurance regulatory goals in a responsive, efficient and cost effective manner, consistent with the wishes of its members:

Protect the public interest;

Promote competitive markets;

Facilitate the fair and equitable treatment of insurance consumers;

Promote the reliability, solvency and financial solidity of insurance institutions; and

Support and improve state regulation of insurance.

NAIC Frequently Asked Questions (FAQ)

 

2014 NAIC OFFICERS
Adam Hamm, NAIC President
Adam Hamm
NAIC President
North Dakota Department of Insurance
701.328.2440
Monica J. Lindeen, NAIC President-Elect
Monica J. Lindeen
NAIC President-Elect
Commissioner, State Auditor
Montana Office of the Commissioner of Securities & Insurance
406.444.2040
Michael F. Consedine, NAIC Vice President

Michael F. Consedine
NAIC Vice President
Commissioner

Pennsylvania Insurance Department
717.783.0442

Sharon P. Clark

Sharon P. Clark
NAIC Secretary-Treasurer
Commissioner

Kentucky Department of Insurance
502.564.3630

Sen. Ben Nelson

Sen. Ben Nelson
NAIC Chief Executive Officer
202.471.3985

Videos: Sen. Ben Nelson discusses issues Sen. Ben Nelson discusses issues
facing the NAIC.
Andy Beal
Andrew Beal
NAIC Chief Operating Officer
and Chief Legal Officer

816.842.3600

Governance

In accordance with the NAIC Bylaws, the association is directed by its Executive Committee consisting of the NAIC Officers, all active past presidents and the 12 Zone Officers (Chair, Vice-Chair and Secretary from each of the four Zones). The Executive Committee oversees the NAIC's Chief Executive Officer and senior management regarding the association's day-to-day operations. The members of the Executive Committee are subject to the "NAIC Conflict of Interest Policy for the Membership" adopted by NAIC members on 3/31/08.

NAIC Leadership and Governing Board
NAIC Officers & Executive Committee

Governing Documents
NAIC Bylaws
| NAIC Conflict of Interest Policy

Members
NAIC Membership List
| Members by Zone

 

The NAIC's History and Background
A Tradition of Consumer Protection

State insurance regulators created the NAIC in 1871 to address the need to coordinate regulation of multistate insurers. The first major step in that process was the development of uniform financial reporting by insurance companies. 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.

With offices in Kansas City, Missouri, New York and Washington, D.C. the NAIC staff provide invaluable support to insurance commissioners. The following lists the primary activities and organizations of the NAIC.

 

NAIC Office Locations

 
Kansas City, Missouri
NAIC Central Office

1100 Walnut Street
Suite 1500
Kansas City, MO 64106-2197
Main Phone: 816.842.3600
Main FAX: 816.783.8175
Meetings Department Phone: 816.783.8100
Meetings Department FAX: 816.783.8109
Media Relations: 816.842.3600

Switchboard Hours: Mon - Fri 8 a.m. to 5 p.m. (Central Time)

Most employees work at the NAIC Central Office located in Kansas City, Missouri. This office is home to the following divisions:

Communications/Media Relations – Provides communications for the NAIC and its members through media relations, news releases, electronic and Web-based material, and the promotion of consumer education through Insure U.

Executive – Provides overall support to the NAIC and its members. The Executive Division includes the Finance Department and the Business Strategy, Risk Management and Compliance Department.

Human Resources and Internal Services – Contributes to the NAIC’s internal operations, including human resources activities, facilities, records management, and copy and mail services.

Information Systems - Assists insurance regulators by providing technical infrastructure to promote shared regulatory information and systems standardization.

Insurance Products and Services - Markets publications and insurance company financial data to regulators and external customers, designs, and has oversight of the System for Electronic Rate and Form Filing (SERFF) and the State-Based Systems (SBS) Program.

Legal - Researches and analyzes developments in insurance law, provides advice to state insurance regulators and serves as in-house counsel to the association.

Member Services - Provides support to members and staff in the areas of Education and Training, Meeting Planning, and Library Resources.

Regulatory Services Division - Provides support to members and staff in the areas Actuarial & Statistical Services, Market Regulation, and Financial Regulatory Services.

Technical Services – Provides overall technology support with I-Site, MyNAIC, and StateNet. The NAIC Help Desk is staffed 8 a.m. – 5 p.m. Central time, Monday to Friday.

New York, New York
Capital Markets & Investment Analysis Office

One New York Plaza
Suite 4210
New York, NY 10004


Main Phone: 212.398.9000
Main FAX: 212.382.4207

Switchboard Hours: Mon - Fri 9 a.m. to 5 p.m. (Eastern Time)

The NAIC's Capital Markets & Investment Analysis Office is located in the heart of New York's Financial District. The Capital Markets & Investment Analysis Office examines the credit quality and value of insurer's investment portfolios for the benefit of the regulatory community.
http://www.naic.org/svo.htm

Washington, DC Executive Office
Government Relations Office
Center for Insurance Policy & Research
444 North Capitol Street NW
Suite 700
Washington, DC 20001-1509


Main Phone: 202-471-3990
Main FAX: 816-460-7493

Switchboard Hours: 8:30 a.m. to 5:00 p.m. (Eastern Time)

Washington, D.C. is home to the NAIC's Executive Office. This office advises state regulators on policy implications of federal legislation and other federal and international actions affecting their authority over the business of insurance.
http://www.naic.org/cipr_topics_page.htm