How does the NAIC enforce its policies?

The National Association of Insurance Commissioners (NAIC) enforces its policies primarily through the development of model laws and regulations that member states can adopt, creating a standardized framework for insurance practices across the U.S. While the NAIC itself does not have regulatory power, it facilitates collaboration and coordination among state insurance regulators to ensure compliance. Additionally, it provides resources, guidance, and best practices to help states implement and enforce these policies effectively. The NAIC also conducts assessments and provides oversight to ensure that member states adhere to its standards.