What is insurance NAIC code?
The National Association of Insurance Commissioners (NAIC) assigns an NAIC number to each individual underwriting company. The NAIC numbers linked with our member companies are listed below. The NAIC number appears on the ID cards as “Company Number” for existing policyholders.
Do insurance agencies have NAIC numbers?
- The NAIC’s mission is to bring uniformity to insurance regulation in all 50 states, the District of Columbia, and the five US territories.
- A five-digit NAIC code is assigned to all licensed and authorized insurance businesses in the United States, and it denotes their principal field of operation within the insurance industry.
- Consumers can learn about insurance firms, complaints, licensing, financial health, and other topics.
- The NAIC assists in the regulation of insurance businesses and oversees the overall sector.
Because of the NAIC, consumers may be certain that all insurance companies are subject to the same regulations and policies, regardless of where they are situated. NAIC codes make it simple to check for an insurance firm, as well as find closed complaints, fraud or measures taken against the company, and financial information.
Who own The Hartford insurance company?
As a publicly listed corporation, the Hartford is owned by its shareholders. According to public records, The Vanguard Group, BlackRock, and State Street Corp are the largest shareholders, with a combined ownership holding of about 25% as of Q1 2020.
What does NAIC stand for?
The National Association of Insurance Commissioners (NAIC) is a standard-setting and regulatory support organization in the United States that was founded and is administered by chief insurance regulators from all 50 states, the District of Columbia, and five U.S. territories.
What bank does The Hartford insurance company use?
On February 12, The Hartford will attend the Bank Of America Merrill Lynch 2020 Insurance Conference | Hartford is a city in Connecticut.
What is a 6 digit NAICS code?
The United States, Canada, and Mexico utilize the North American Industry Classification System (NAICS) to classify firms by industry. Based on the majority of activity within the business, each company is assigned a six-digit NAICS code number. The data is tabulated into summary totals at the two-digit through six-digit NAICS levels by the Census Bureau.
Is NAICS code on tax return?
When submitting a tax return, the IRS mandates that an NAICS code be entered. The NAICS number is normally seen on the tax return’s upper right side.