Tag: Premium Rates

North Carolina Approves 5% Auto Insurance Rate Increase with Lower Motorcycle Rates

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.

Georgia Tort Reform Expected to Lower Insurance Premiums by 3-5%

Georgia's new tort reform laws SB68 and SB69 are anticipated to reduce insurance premiums by 3-5%, with the insurance commissioner promising strict oversight on rate filings and insurer practices.