Q:

What is the insurance NAIC number?

A:

Quick Answer

The National Association of Insurance Commissioners assigns a number to all insurance agencies for the purpose of identifying and regulating the sale and underwriting of insurance. The NAIC number is used to file an insurance complaint, report insurance fraud or obtain information on insurance agencies in the United States.

Continue Reading

Full Answer

The NAIC sets the standards and provides regulatory support for the insurance industry. It is governed by chief insurance regulators from all regions of the United States and its territories. The NAIC establishes guidelines to follow, provides resources to educate consumers, conducts oversight, and represents the shared view of regulators domestically and internationally. The NAIC, its members and its resources form a national system of insurance regulation for the United States.

Learn more about Insurance
Sources:

Related Questions

Explore