Principles & Goals 

The following is a declaration of NAIC principles and goals reflecting our commitment to continuing to modernize insurance regulation:

I.           Consumer Protection 

An open process access to information and consumers views our primary goal is to protect insurance consumers, which we must do proactively and aggressively.

 Strasbourg Hotel y vuelo baratosII.  Market Regulation

Market analysis to assess the quality of every insurers conduct in the marketplace, uniformity, and interstate collaboration the goal of the market regulatory enhancements is to create a common set of standards for a uniform market regulatory oversight program that will include all states.

 III. Speed-to-Market for Insurance Products

Interstate collaboration and filing operational efficiency reforms state insurance commissioners will continue to improve the timeliness and quality of the reviews given to insurers filings of insurance products and their corresponding advertising and rating systems.

IV. Producer Licensing

  "Uniformity of forms and process the NAICs broad, long-term goal is the implementation of a hotels in Manchesteruniform, electronic licensing system for individuals and business entities that sell, solicit or negotiate insurance.

V.  Insurance Company Licensing

hotels AthenStandardized filing and baseline review proceduresthe NAIC will continue to work to make the insurance company licensing process for expanding licensure as uniform as appropriate to support a competitive insurance market.  

VI. Solvency Regulation

Deference to lead states state insurance regulators have recognized a need to more fully coordinate their regulatory efforts to share information proactively, maximize technological tools, and realize efficiencies in the conduct of solvency monitoring.

five star hotel in BrusselsVII.   Change In Insurance Company Control

"Streamline the process for approval of mergers and other changes of control."

ERROR MSGNAIC members understand that these goals present difficult challenges; however, with the active participation of state governors and state legislators, industry and consumer advocates, and state insurance department regulators, we are confident NAIC member states will achieve these goals in the near term.