Economy, asked by riya0076, 8 months ago

why was the national association of insurance commissioner
created?

Answers

Answered by rugvedkale

Answer:

A Tradition of Consumer Protection

State insurance regulators created the NAIC in 1871 to address the need to coordinate regulation of multistate insurers. The first major step in that process was the development of uniform financial reporting by insurance companies.

Answered by bhainapranitsp3610

Answer:

Explanation:A Tradition of Consumer Protection State insurance regulators

created the NAIC in 1871 to address the need to coordinate regulation of multistate insurers. The first major step in that process was the development of uniform financial reporting by insurance companies.

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