north carolina property and casualty laws and rules

After a filing by the Bureau, the Commissioner can contest the filing's validity by notifying the Bureau within:

50 days

When an insurer is permitted to cancel a policy prior to its expiration, it must provide the insured an advanced written notice of:

15 days

XYZ insurance company is not going to renew Bob's motor vehicle insurance policy. XYZ must provide Bob how much advanced notice of the nonrenewal?

45 days

On fire policies that are issued, what is one factor that must be provided, when requested?

the rate at which the policy is written

An example of unfair discrimination would be

offering different terms of coverage for different policyholders having the same risk classification

T circulated false statements that were maliciously critical of an insurer’s financial condition. T may be found guilty of

defamation

The law doesn’t prohibit a lender from refusing to accept a binder as evidence of insurance, if the refusal is:

reasonable

Under what condition may a lender require the purchase of insurance as a condition of making a loan?

only if the borrower is not restricted in his/her choice of insurers