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'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'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.
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 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.
North Carolina insurance agent charged with forgery and identity theft for manipulating life insurance policies to gain illicit commissions. Legal proceedings underway.
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 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.
North Carolina's Insurance Commissioner approves a 5% average increase in automobile insurance rates and a 16.3% decrease in motorcycle liability premiums, highlighting regulatory adjustments and market impacts starting October 1, 2025.
North Carolina's automobile insurance rates will increase by an average of 5% starting October 1, following a regulatory settlement that also lowers motorcycle liability insurance rates by 16.3%. This marks a significant reduction from the originally requested 22.6% auto rate hike.
