WY | The Wyoming Department of Insurance has again earned accreditation by the National Association of Insurance Commissioners (NAIC).
Accreditation demonstrates a state’s excellence in monitoring the financial solvency of Wyoming-domiciled insurance companies. Wyoming was first accredited in 1993 and has been continuously accredited since that time.
“Earning accreditation reflects the hard work and dedication of our financial examiners. Accreditation is the backbone of insurance regulations. It tells the world that Wyoming is going it right and other states can rely upon our work” said Insurance Commissioner Jeff Rude.
Accreditation assures states are regulating their domestic multistate insurers
according to national standards agreed to by the NAIC. For the insurance industry,
accreditation means insurers will not require additional independent exams from the
other states in which the insurers do business.