NAIC’s proposed 2027 budget adds four credit analysts to tackle filing backlog
The proposal would also adjust prices by $15 to $800 for 35% of securities designations.
The National Association of Insurance Commissioners (NAIC) has proposed four additional credit analysts for its Securities Valuation Office (SVO) in its 2027 budget, released on 26 October 2026. NAIC says increased filing volumes are straining processing capacity and have left a backlog of work, which the extra capacity is intended to reduce.
NAIC reports that private-letter-rating filings have increased from…
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