The National Association of Insurance Commissioners (NAIC) is housed in the U.S. Department of Commerce is a voluntary organization of all state insurance commissioners plays a minor (mostly 'hands-off) role in promoting risk-based capital requirements possesses considerable binding authority over insurance regulation
The National Association of Insurance Commissioners (NAIC) is housed in the U.S. Department of Commerce is a voluntary organization of all state insurance commissioners plays a minor (mostly 'hands-off) role in promoting risk-based capital requirements possesses considerable binding authority over insurance regulation
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Subject :- Finance

Transcribed Image Text:The National Association of Insurance Commissioners (NAIC)
is housed in the U.S. Department of Commerce
is a voluntary organization of all state insurance commissioners
O plays a minor (mostly 'hands-off) role in promoting risk-based capital requirements
possesses considerable binding authority over insurance regulation
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