11 N.C. Admin. Code 16.0203
Current through Register Vol. 39, No. 9, November 1, 2024
For policies or riders permitting the adjustment of premiums for which the insurer retains the right to nonrenew, no insurer shall exercise a right not to renew for the following reason or any synonymous reason:
"The insurer is prevented by any law, or any regulation, or any ruling of a government agency from using a table of premium rates that the insurer has certified as being reasonable in relation to the benefits provided under the policy."
11 N.C. Admin. Code 16 .0203
Eff. March 1, 1992;
Readopted Eff. October 1, 2018.
Eff. March 1, 1992.