NAIC Reaccredits New Jersey and Tennessee Insurance Departments
Summary
The NAIC Financial Regulation Standards and Accreditation (F) Committee has reaccredited the insurance regulatory departments of New Jersey and Tennessee. This reaccreditation confirms that these departments continue to meet NAIC standards for financial solvency oversight and effective regulation of multistate insurers.
What changed
The NAIC Financial Regulation Standards and Accreditation (F) Committee announced the reaccreditation of the insurance regulatory departments for New Jersey and Tennessee during the NAIC's 2026 Spring National Meeting. This reaccreditation signifies that both states have successfully undergone their required five-year review, confirming their adherence to NAIC standards for financial solvency oversight and effective regulation of multistate insurers.
This is a routine update confirming ongoing compliance with NAIC accreditation standards. Regulated entities should note that these departments continue to meet the baseline requirements for financial regulatory oversight, which allows non-domestic states to rely on their domestic regulatory functions. No new actions are required from regulated entities based on this announcement; it serves as confirmation of existing regulatory standing.
Source document (simplified)
National Meeting News
SAN DIEGO, Calif. (March 23, 2026)
New Jersey and Tennessee Achieve Reaccreditation During NAIC 2026 Spring National Meeting
During the NAIC’s 2026 Spring National Meeting, the NAIC Financial Regulation Standards and Accreditation (F) Committee voted to accredit the insurance regulatory departments in New Jersey and Tennessee. Accredited insurance departments undergo a comprehensive, independent review every five years to ensure they meet financial solvency oversight standards.
The NAIC Accreditation Program demonstrates that state insurance regulatory departments meet standards of solvency regulation and provide effective regulation of multistate insurers. NAIC accreditation allows non-domestic states to rely on the accredited domestic regulator to fulfill a baseline level of effective financial regulatory oversight.
To become accredited, a U.S. state or territory insurance regulatory department must submit to a full on-site accreditation review by a team of independent consultants who evaluate its capabilities in the following areas:
- Financial solvency laws and regulations.
- Financial analysis and examination capabilities.
- Organizational and personnel practices.
- Primary licensing, re-domestications, and change of control of domestic insurers. For a state insurance regulatory department to remain accredited, an accreditation review must be performed at least once every five years, with interim annual reviews. If necessary, key areas for improvement may be provided to the state, and an interim follow-up may be required.
Learn more about the NAIC’s Financial Regulation Standards and Accreditation program.
About the National Association of Insurance Commissioners
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.
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