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[N015]
A voluntary organization of state officials including commissioners, superintendents and directors, having authority to regulate insurance. NAIC provides its members with many services including research studies which often lead to model bills. These model bills are recommended to states as uniform laws and regulations as appropriate. Also provided are valuations of securities held by insurance companies, and the NAIC Insurance Regulatory Information System--formerly called the Early Warning System. Required by the NAIC from all licensed insurance companies are annual statements.
Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100