Each domestic company must have its financial records examined by the Commissioner every:

The correct time frame for examining the financial records of each domestic insurance company is every three years. This requirement ensures that the companies maintain transparency and financial integrity. By having these examinations conducted regularly, the state can ensure that the companies are financially stable and able to meet their obligations to policyholders. This oversight is crucial in maintaining the trust and confidence of consumers in the insurance industry, as it helps in identifying any potential financial issues before they escalate.

While companies may have different regulatory requirements regarding how often they report financial information, the specific mandate for examinations by the Commissioner of financial records is established as a three-year cycle. This balanced interval allows regulators to monitor the companies effectively without imposing excessively frequent disruptions that could affect their operations.