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Get the free What Is an NAIC Number? How Do You Find It? - NAIC NumbersLife Insurance Policy Loca...

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June 24, 2022, Sara Robbed Regulatory Research Specialist, NAIL Central Office 1100 Walnut Street, Suite 1500 Kansas City, MO 641062197 VIA Electronic Mail: srobben@naic.org; joy.hatchett@maryland.gov
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NAIC stands for National Association of Insurance Commissioners. It is a standard coding system used by insurance companies to report information to state insurance departments.
Insurance companies are required to file NAIC reports to comply with state regulations and provide transparency on their financial status.
Insurance companies can fill out NAIC reports online or submit them electronically through the NAIC's online filing system. They must ensure accurate and detailed information is provided.
The purpose of NAIC reports is to provide state insurance departments with essential financial information about insurance companies, ensuring they are operating in a stable and secure manner.
Insurance companies must report financial data, risk management information, and other details related to their operations in NAIC reports.
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