NAIC faces $6.6 million deficit as 2025 budget prioritizes tech and staffing

The NAIC’s budget outlines eight major priorities for 2025, each expected to have a fiscal impact of at least $100,000 or require over 1,150 hours of internal technical resources. As per a report from AM Best, five of these initiatives focus on technology enhancements to modernize NAIC systems, while others aim to expand analytical, informational, and operational capacities.

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