INSURASALES

Tag: North Carolina

NC Law Extends Inexperienced Driver Surcharge, Raises Auto Insurance Minimums

New North Carolina law extends inexperienced driver surcharge to mid-20s and raises minimum auto insurance coverage limits, influencing premiums statewide.

North Carolina Auto Insurance Law Raises Minimum Coverage, Extends Penalty Periods

North Carolina updated auto insurance laws in 2025, increasing minimum liability limits, expanding underinsured motorist coverage, and extending surcharge periods, impacting premiums and underwriting.

North Carolina Auto Insurance Law Changes Increase Costs for New and High-Risk Drivers

North Carolina's new auto insurance laws raise surcharges for new drivers, increase minimum liability coverage, and allow longer premium hikes for speeding violations, affecting insurance costs and risk evaluation.

North Carolina Updates Auto Insurance Rules Effective July 1

North Carolina's new auto insurance rules effective July 1 introduce higher liability limits, surcharges for new drivers, and changes to moving violation points, affecting premiums and policy management.

North Carolina Raises Auto Insurance Minimums, Extends Risk Period for New Drivers

North Carolina's SB 319 law increases auto insurance minimum coverage limits and extends the inexperienced driver period to eight years, impacting premiums and regulatory compliance starting July 2025.

NC Insurance Agent Charged with 72 Felonies for Life Insurance Fraud

Ashley Barnhardt, a North Carolina insurance agent, faces 72 felony charges for using client identities to commit life insurance fraud, highlighting regulatory scrutiny and enforcement in the insurance sector.

North Carolina Approves 5% Average Auto Insurance Rate Increase for Fall 2024

North Carolina regulators approve a moderated 5% average increase in automobile insurance rates for fall 2024, significantly lower than the 23% initially requested by insurers. Key insights into state-level regulatory impact.

NC Insurance Agent Charged with Forgery, Identity Theft for Illicit Commissions

North Carolina insurance agent charged with forgery and identity theft for manipulating life insurance policies to gain illicit commissions. Legal proceedings underway.

North Carolina Sets 5% Average Auto Insurance Rate Increase Effective Oct. 1

North Carolina announces a 5% average auto insurance premium increase starting October 1 after a regulatory settlement, with a notable 16.3% decrease in motorcycle liability insurance rates statewide.

North Carolina's SB 452 Law Raises Auto Insurance Minimums and Affects Premiums

North Carolina's new SB 452 law raises minimum auto insurance liability limits, mandates underinsured motorist coverage, extends surcharges for inexperienced drivers and moving violations, leading to premium increases starting July 2024.