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Three States Accredited!

The NAIC Financial Regulation Standards and Accreditation (F) Committee voted to accredit the departments of North Carolina, Kansas and Ohio. Accredited state insurance departments undergo comprehensive, independent review every five years to ensure they meet financial solvency oversight standards.

The NAIC accreditation program establishes and maintains sound solvency regulation standards. It provides for the effective regulation of multi-state insurance companies with emphasis on each state's:

• financial solvency laws and regulations;
• financial analysis and examination capabilities;
• organizational and personnel practices; and
• insurer organizational review, licensing and change of control of domestic insurers.

North Carolina Insurance Commissioner Wayne Goodwin (third from the right) with the North Carolina Department of Insurance accreditation staff

Kansas Commissioner Ken Selzer (far right) with the Kansas Department of Insurance accreditation staff

Ohio Lieutenant Governor/Director Mary Taylor (center) with the Ohio Department of Insurance accreditation staff

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