North Carolina auto insurance reforms News

North Carolina Senate OKs Insurance Laws That Could Mean Savings

A pair of automobile insurance bills doesn’t overhaul how premiums are set in North Carolina but could provide some cost savings for consumers. The North Carolina Senate approved the legislation by wide margins last Thursday. That’s two days after a …

North Carolina Auto Insurance Rating Bill Dies in Committee

Legislation to overhaul North Carolina’s automobile insurance system was rejected Tuesday by a House committee after Insurance Commissioner Wayne Goodwin and other speakers argued it would raise premiums for everyone. The House Insurance Committee turned down a motion to recommend …

Insurers Divided Over North Carolina Auto Insurance Rate System

A divided auto insurance industry will try again next year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs are low …