What is the NAIC (National Association of Insurance Comissoners)?

The NAIC is made up of all of the insurance regulators in the United States and its’ territories.  It’s role is provide uniformity in definitions, regulations, licensing, etc.  In many states, the size of their insurance regulators is small because of limited financial resources and the NAIC serves as a source for insurance model laws.  In recent years, other services have been added to collect continuing education credits for the states. Kansas City, Missouri serves as their headquarters.