Accreditation

  • When we had the problems in the early 1980s and mid-1980s, one of the systems we came up with was on the financial side, and we came up with an accreditation system.
  • And by virtue of that accreditation system, for instance, now we defer to the domiciliary state in terms of the solvency regime that we have in place.  (p93)

—  Ernst Csiszar, Vice President, National Association of Insurance Commissioners (NAIC), – South Carolina

2003 1022 – GOV (Senate) – Federal Involvement in the Regulation of the Insurance Industry, John McCain (R-AZ) – [PDF-147VIDEO-CSPAN