National Association of Insurance Commissioners

Office address: 1100 Walnut Street, Suite 1000, Kansas City, MO 64106
Website: naic.org
Year established: 1871
Company type: non-government organization
Employees: 576 (including 2026 fiscal requests)
Expertise: insurance regulation support, consumer protection, data collection and analysis, financial assessments, licensing and testing, technology solutions for regulators, standards setting, peer review coordination, business intelligence, regulatory oversight coordination
Parent company: N/A
Key people: Scott White (president), Elizabeth Dwyer (president-elect), Jon Pike (VP), Michael Wise (secretary-treasurer), Jeffrey Johnston (interim CEO), Doug Ommen and Grace Arnold (committee chairs)
Financing status: member-funded nonprofit organization

The National Association of Insurance Commissioners is a US standard-setting body that supports state insurance regulators. It delivers data reporting, technology solutions, and consumer protection services from its Kansas City headquarters. The organization operates with 576 employees and a 2026 budget of $178.8 million.

History of National Association of Insurance Commissioners

The NAIC held its first meeting in 1871 in New York City. This happened just a few years after the US Civil War came to an end, and regulators from across the nation arrived by train and stagecoach to attend. That's how old this institution is! They gathered as the National Convention of Insurance Commissioners to address issues in the growing industry.

A new direction after hard times

The Great Depression called for stronger oversight, so the organization became the National Association of Insurance Commissioners in 1936. The group then set formal rules for multi-state financial examinations across the country. It also backed the McCarran-Ferguson Act in 1945, which affirmed state-based insurance regulation.

NAIC's milestones and modern tools

The National Association of Insurance Commissioners has come far since 1871, marking its 150th anniversary in 2021. Along the way, its Life Insurance Policy Locator has connected beneficiaries with over $1 billion in unclaimed benefits.

The NAIC rolled out its Securing Tomorrow Roadmap in 2025 to upgrade tools for state regulators. Behind these efforts sits the world's largest collection of insurer financial data.

National Association of Insurance Commissioners services

The NAIC provides technology and data tools built to support state-based insurance regulation:

Technology solutions

• iSite+: secure portal for regulatory data access
• myNAIC: member portal for staff and commissioners
• INSDATA: nationwide access to insurer financial data
• Account Manager: manages user accounts and system permissions
• Automated Valuation Service (AVS): values securities held by insurers
• OPTins: premium tax payment processing across states
• State Based Systems (SBS): customized tools for state departments
• SERFF: electronic system for rates and forms filings
• VISION: regulatory analysis and market oversight tool

Data products

• insurance regulatory database: one of the world's largest collections
• financial data reports: insurer filings and performance metrics
• Structured Securities Reporting: detailed data on insurer investments

Regulatory services

• financial statement filing: submission and review of insurer financials
• producer licensing: licensing services across all US states
• accreditation programs: training and certification for regulators

The National Association of Insurance Commissioners also offers consumer education resources and fraud reporting tools. Its peer review process helps maintain consistent oversight across all 56 US jurisdictions.

Culture and corporate values

The National Association of Insurance Commissioners states that service is at the core of its identity. Its shared principles include:

1. putting the customer first
2. committing to continuous improvement
3. succeeding by working together
4. doing what it takes to get the job done
5. communicating with customers
6. treating colleagues with respect and honesty

The NAIC builds its culture on collaboration and mutual respect. This commitment extends to staff benefits:

• flexibility: 37.5-hour workweek, hybrid office, 4-day compressed option, remote work weeks
• financial security: health and dental coverage, 8.5 percent retirement match, paid parental leave
• growth opportunities: tuition reimbursement, student loan help up to $6,000, paid certifications
• community: volunteer time off, Infants in the Workplace program, wellness initiatives

In terms of transparency, it brings this openness to the public as well. The organization follows the federal Transparency in Coverage Rule and offers machine-readable files on service rates for researchers and regulators.

About President Scott White and key people

Scott White is the NAIC president and serves as commissioner of the Virginia Bureau of Insurance. He took on the Virginia role in 2018 and was elected VP in 2023. White earned degrees from the University of Virginia and the University of Missouri School of Law.

Several other officials work alongside White to guide the National Association of Insurance Commissioners:

• Elizabeth Kelleher Dwyer serves as NAIC president-elect and director of Rhode Island Department of Business Regulation, overseeing insurance regulation in her state
• Jon Pike is NAIC VP and commissioner of Utah Insurance Department, leading consumer protection efforts in Utah
• Michael Wise works as secretary-treasurer and director of South Carolina Department of Insurance, managing finances and regulatory operations
• Jeffrey Johnston is interim CEO and chief regulatory officer, running daily operations and regulatory affairs
• Doug Ommen serves as chair of the Life Insurance and Annuities (A) Committee and Iowa insurance commissioner, guiding life insurance and annuity policy
• Grace Arnold works as chair of the Health Insurance and Managed Care (B) Committee and Minnesota commerce commissioner, shaping health insurance regulatory standards

Together, these leaders at the National Association of Insurance Commissioners help state regulators protect consumers. Their focus is on keeping US insurance markets fair, stable, and competitive.

The future at NAIC

After Nevada joined in 2024, the push for best interest annuity standards continued across the country. The NAIC model rule requires financial professionals to prioritize consumers' needs when recommending annuities. New Jersey became the 50th state to adopt the rule in April 2025. All 50 states now follow this standard to protect retirement savers.

Looking ahead, the National Association of Insurance Commissioners named its 2026 committee leaders in January to advance work on key regulatory issues. The committees cover life insurance, health insurance, cybersecurity, and market regulation. These roles will help the organization address new challenges and strengthen protections for consumers.

The latest National Association of Insurance Commissioners news