This glossary is courtesy of the "Field Guide for Property & Casualty Agents and Practitioners"
published annually by The National Underwriter Company.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Z

Zone system - Developed by the NAIC for the triennial examination of insurers. Under the system, teams of examiners are formed from the staffs of several states in each of the geographical zones. The results of their examinations are then accepted by all states in which an insurer is licensed, without the necessity of each state having to conduct its own examinations.