What does NAIC stand for?
Asked by: Viviane Jerde | Last update: December 7, 2025Score: 4.6/5 (29 votes)
What does the NAIC number mean?
The NAIC number is a number that the National Association of Insurance Commissioner's (NAIC) assigns to each individual underwriting company. Below is a list of the NAIC numbers that are associated with our member companies. For existing policyholders, the NAIC number also appears on the ID cards as "Company Number".
How do I find my NAIC code for insurance?
Your insurance provider's NAIC number should be on your insurance card. The number may not have NAIC printed near it. If not, look for a five-digit number. The five-digit number should be the NAIC number.
What is NAIC certification?
• The Accreditation Program identifies key financial authorities and responsibilities of state insurance regulators that merit national consistency among the states, which improves oversight of multi-state insurers and ultimately reduces the cost of inefficiencies borne by policyholders.
What is another name for NAIC?
The NAIC Financial Data Repository (Database) is updated every year by the National Association of Insurance Commissioners (NAIC) on behalf of and at the direction of its members, the state insurance commissioners.
What is the National Association of Insurance Commissioners NAIC and what is its role in regulating?
What is the acronym NAIC?
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia, and five U.S. territories.
What is NAIC known for?
With a rich history and stunning natural attractions such as Naic Cathedral, Balay Aguinaldo, and Ternate Beach, Naic is an unmissable destination in the Philippines. Explore the natural beauty of Naic Forest and Tagaytay Picnic Grove, and learn more about Philippine history at Balay Aguinaldo.
What is the NAIC in Canada?
The North American Industry Classification System (NAICS) is an industry classification system developed by the statistical agencies of Canada, Mexico and the United States.
What is the purpose behind NAIC?
The National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers.
How do I get a NAIC?
You can find the NAIC number or the company number on your insurance card, insurance policy documents, or the NAIC website.
Do all companies have an NAIC code?
Does every business have a NAICS code? Yes, every business should possess a primary NAICS code and for small businesses seeking government contracts, they are essential. These codes help government agencies identify qualified companies for specific projects and ensure fair competition within the relevant categories.
What is NAIC code used for?
The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.
How do I find my NAIC?
The NAIC code is a 5-digit number that can be found on your insurance card. Most of the time the NAIC is printed on your ID card, however it may not be labeled. For a complete list of NAIC numbers, please visit the NAIC website. Renewing your registration?
What is the NAIC code for insurance agency?
NAICS 524210 - Insurance Agencies and Brokerages.
What is the name NAIC?
Naic has several histories when it comes to the origin of its name. One theory suggests that it originated when a Spaniard asked a native about what the pig is doing and he said "na-igik" (crying sound of pigs), thus later on developed as Naic.
Is NAIC policy locator legit?
The online policy locator requests are secure, confidential, and free. Participating insurance companies are responsible for contacting beneficiaries and reporting matches to state insurance departments through the NAIC Life Insurance Policy Locator.
What are the NAIC guidelines?
The NAIC model laws and guidelines are proposed statements of insurance regulation for all 50 states as well as the other jurisdictions such as D.C. or Guam. Once a model law is passed, states can choose to adhere to it fully, with modifications, or not at all.
What is a NAIC rating?
The NAIC through its Securities Valuation Office (SVO) has its own credit rating scale, running from NAIC-1 (lowest risk) to NAIC-6 (highest risk, near or at default). All securities in insurers' portfolios use these designations and their related factors to assess solvency capital requirements.
What is the purpose of the NAIC?
Through the NAIC, state insurance regulators establish standards and best practices, conduct peer review, and coordinate their regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.
How do I get my NAICS code?
- To find and assign a NAICS code, start by identifying your primary business activity.
- Visit the official NAICS website and use the search function to enter keywords related to your business.
- You can search for your business NAICS code by entering keywords or the 2-6 digit code.
Who runs the NAIC?
In March 2024 the NAIC announced Gary Anderson as the Chief Executive Officer, effective May 1, 2024. For 2025, North Dakota Insurance Commissioner Jon Godfread serves as NAIC President.
Is the NAIC a federal agency?
The National Association of Insurance Commissioners (NAIC) is a nonprofit, nonpartisan organization governed by the chief insurance regulators of the 50 states, the District of Columbia, and the five U.S. territories: American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the Virgin Islands.
Who founded NAIC?
The Church of Naic and its Patroness
Earlier it became part of the Jesuit Hacienda and a visita under the patronage of San Isidro Labrador was established in 1693. In 1796, the Filipino secular clergy established it as an independent parish under the patronage of La Inmaculada Concepción.
What is NAIC reporting?
The NAIC Financial Regulatory Services Department prepares Insurance Industry Snapshots and Analysis Reports to help consumers stay informed about evolving trends in insurance. These comprehensive reports cover the Property & Casualty, Title, Life, Fraternal, and Health Insurance industries.