What Verdica's 769 score means for CLEANSPARK, INC.
CLEANSPARK, INC.'s composite score of 769 out of 850 places it in the "strong" band (740–799), indicating above-average compliance performance and financial stability. This grade A rating reflects a provider that meets regulatory expectations across multiple dimensions and poses lower risk to customers and counterparties than entities in lower bands.
A score in this range signals that the Nevada-registered entity has maintained acceptable financial reserves, managed customer complaints at or below industry norms, and avoided significant regulatory enforcement actions. For a business owner or consumer evaluating this provider, a 769 score suggests reasonable confidence in operational reliability and regulatory standing—though it is not the highest possible rating. The entity remains subject to ongoing oversight, and no score is permanent; performance can shift with regulatory filings or complaint trends.
How the sub-scores break down
Financial Strength: 675. This sub-score falls into the "acceptable" band (670–739), meaning CLEANSPARK maintains sufficient capital and liquidity to meet its obligations, but does not rank in the top tier. Regulators and rating agencies monitor insurance providers' ability to pay claims and absorb losses. A score of 675 suggests the entity meets statutory minimum capital requirements and has not triggered capital adequacy alarms, yet there is room for stronger reserves or asset positioning. This is a typical profile for mid-sized or stable operators in the insurance sector.
Complaints: 800. This strong sub-score indicates that CLEANSPARK's complaint ratio—the number of complaints filed with regulators relative to premium volume or policy count—is well-managed and below concerning thresholds. A score of 800 suggests customers are filing relatively few formal complaints with state insurance regulators, a positive signal for service quality and claims handling. High complaint ratios can reflect systemic issues such as claim denials, delays, or poor communication; this provider does not show that pattern.
Regulatory Actions: 850. This score represents the highest possible rating, meaning CLEANSPARK has not been subject to material enforcement actions, license suspensions, fines, or consent orders from Nevada regulators or the NAIC. This reflects clean regulatory history and compliance with licensing, solvency, and conduct rules.
What regulators in NV track for insurance providers
Nevada's insurance regulator, the Division of Insurance, and the National Association of Insurance Commissioners (NAIC) publish complaint ratios and financial strength assessments that Verdica synthesizes into scores.
NAIC Complaint Ratios measure the volume of complaints (claim denials, service delays, billing disputes, coverage disagreements) filed by customers against an insurer per unit of premium written. Ratios are age-adjusted and compared to peer benchmarks. A low ratio—reflected in Verdica's 800 complaints sub-score—indicates fewer red flags for systematic problems. Complaint data is public and regularly updated, providing early signals of operational stress.
Financial Strength Ratings (often sourced from statutory annual filings required by all insurers) assess capital adequacy, liquidity, and reserve sufficiency. Regulators require insurers to maintain minimum capital-to-liability ratios and to file audited financial statements. A score of 675 indicates the entity passes these tests but may not hold exceptional surpluses. Low financial strength scores can precede insolvency or trigger regulatory intervention.
Regulatory Actions logged by state insurance departments include license denials, revocations, fines, cease-and-desist orders, and market conduct examinations with violations. A perfect 850 score indicates no such adverse actions. This is the cleanest regulatory history available.
Bottom line
CLEANSPARK, INC. presents a strong compliance profile with a 769 composite score, supported by clean regulatory history and manageable complaint activity. Before engaging this provider, verify that their specific product line, pricing, and claims process align with your needs, and review any independent customer feedback or contract terms that may be available outside this regulatory snapshot.