The National Association of Insurance Commissioners (NAIC) is involved in the regulation of insurance by:

1.Direct involvement through the development of specific regulations for all states to follow.

2.The regulation of the insurance commissioners of all states.

3.(Indirectly) The exchange of information and preparation of recommendations.

4.Assuring that all states insurance regulation is uniform.

Which answer:

a.3 only.

b.1 and 2.

c.1, 3, and 4.

d.1, 2, 3, and 4.