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Store » Appeals court to decide N.C. auto rate dispute.(North Carolina Rate Board, insurance commissioner debate personal automobile insurance rates): An ... & Casualty-Risk & Benefits Management
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Appeals court to decide N.C. auto rate dispute.(North Carolina Rate Board, insurance commissioner debate personal automobile insurance rates): An ... & Casualty-Risk & Benefits Management
by Susanne Sclafane
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Binding: Digital
Format: HTML
Number Of Pages: 3
Publication Date: 1996-11-11
Publisher: The National Underwriter Company
Release Date: 2005-07-28
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This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on November 11, 1996. The length of the article is 757 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Insurance companies must keep some premium payments in escrow until the North Carolina Court of Appeals decides a dispute between the North Carolina Rate Bureau and the state's insurance commissioner. The Rate Bureau wants to allow increases of up to 5.6% for personal automobile insurance rates, but Commissioner Jim Long has ordered such rates reduced by 8.3%. If the court decides in favor of the commissioner, insured drivers in the state could save about $300 million in premiums. This is the fifth time the commissioner has ordered rollbacks in eleven years, but a 1994 dispute is still pending.
Citation Details
Title: Appeals court to decide N.C. auto rate dispute.(North Carolina Rate Board, insurance commissioner debate personal automobile insurance rates)
Author: Susanne Sclafane
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: November 11, 1996
Publisher: The National Underwriter Company
Issue: n46 Page: p20(1)
Distributed by Thomson Gale
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