Insurance Regulation: The NAIC Accreditation Program Can be Improved

Abstract

NAIC's voluntary accreditation program has existed now for more than 10 years. During this time, the program has demonstrated its value by defining a common set of basic regulatory requirements for solvency regulation and successfully engineering their adoption by nearly all states. Currently, 47 state insurance departments and the District of Columbia are accredited through NAIC. In the years since its inception, NAIC has moved to improve and strengthen its accreditation program by adding model laws and regulations to the required standards in order to address the changing environment of the insurance industry and insurance regulation. In addition, it has revised the way accreditation reviews are performed and scored and has improved training for members of review teams.

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Document Details

Document Type
Technical Report
Publication Date
Aug 01, 2001
Accession Number
ADA394781

Entities

People

  • John D. Dingell

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Business Administration
  • Commerce
  • Contracts
  • District Of Columbia
  • Electronic Mail
  • Law
  • Management Personnel
  • Models
  • Money
  • Personnel Management
  • Professional Development
  • Standards
  • State Law
  • Test And Evaluation
  • Training
  • United States

Fields of Study

  • Medicine

Readers

  • Computational Modeling and Simulation
  • Geospatial Intelligence and Artificial Intelligence Analytics
  • Government and Public Administration Law.