Health and Life Insurance

Category - Health and Dental

The __________ is the group of state officials that is charged with regulating insurance.
  1. NASD
  2. NAIC
  3. FDIC
  4. SIPC
Explanation
Answer: B - The NAIC is the group of state officials that is charged with regulating insurance. NAIC stands for the National Association of Insurance Commissioners. The NAIC was created in order to help promote some degree of national uniformity in insurance regulation.
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