Websites of Interest: Auto Insurance Rate
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Recent News and Events: Auto Insurance Rate
N.C. Insurance Commissioner Jim Long has signed an order requiring a 16.1 percent reduction in private passenger auto rates and a 11.7 percent reduction in motorcycle liability rates.
RALEIGH (AP) - State Insurance Commissioner Jim Long on Thursday rejected an industry request for an almost 13 percent increase in auto rates and has ordered a reduction instead. Long signed an order requiring a 16.1 percent reduction in private passenger auto rates and an 11.7 percent reduction in motorcycle liability rates. The reductions are effective Jan. 1. The North Carolina Rate ...
North Carolina Insurance Commissioner Jim Long today signed an order requiring a 16.1 percent reduction in private passenger auto rates and a 11.7 percent reduction in motorcycle liability rates, effective Jan. 1. The state held hearings in July and August after the Rate Bureau requested a 12.9 percent increase in rates. During the hearings, the department's attorney argued that the market for ...
North Carolina State Insurance Commissioner Jim Long on Thursday rejected an industry request for an almost 13 percent increase in auto rates and has ordered a reduction instead.
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