Daily News: Accredited States


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Four States Accredited! 

The NAIC Financial Regulation Standards and Accreditation (F) Committee voted to accredit the departments of Colorado, Minnesota, North Dakota and Virginia. Accredited insurance departments undergo comprehensive, independent review every five years to ensure they meet financial solvency oversight standards.

The NAIC accreditation program establishes and maintains sound solvency regulation standards. It 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
• Insurer organizational review, licensing and change of control of domestic insurers.

Virginia
Virginia Insurance Commissioner Jacqueline K. Cunningham and members of the bureau of insurance

Colorado
Colorado Insurance Commissioner Marguerite Salazar and members of the insurance division

 
 

Minnesota
Minnesota Department of Commerce

North Dakota
North Dakota Insurance Department

 

 
 
         
         

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