North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 10 - PROPERTY AND CASUALTY DIVISION
Section .0100 - GENERAL PROVISIONS
Section 10 .0105 - MANUSCRIPT OR INDIVIDUAL RISK FILINGS

Universal Citation: 11 NC Admin Code 10 .0105

Current through Register Vol. 39, No. 6, September 16, 2024

(a) Within 60 days after the inception date of a manuscript or individual risk policy, the insurer shall submit to the Department's Property and Casualty Division:

(1) Any form or endorsement not previously filed with the Department and approved for use.

(2) A statement explaining why a manuscript or individual risk policy was needed.

(b) Continuous policies are not permitted.

(c) A copy of the approved filing shall be retained by the filer in accordance with 11 NCAC 19 .0102 through 11 NCAC 19 .0105.

(d) If the rates have been determined by an unfiled "(a) rating" or "individual risk rating", the insurer shall submit the following:

(1) A statement describing how the rates were calculated.

(2) A certification that the rates are not excessive, inadequate, or unfairly discriminatory.

Authority G.S. 58-2-40; 58-6-5; 58-41-50; 58-43-5;
Eff. April 1, 1992;
Amended Eff. August 1, 1998; February 1, 1996;
Temporary Amendment Eff. December 1, 1999;
Amended Eff. July 1, 2000;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. January 3, 2017.

Disclaimer: These regulations may not be the most recent version. North Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.