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North Carolina lawmakers to assess whether state’s auto insurance rate system needs to be improved

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Written on:December 26, 2011
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North Carolina lawmakers to assess whether state’s auto insurance rate system needs to be improved

North Carolina legislators have begun examining the state’s rate-setting system and its effects on the auto insurance industry. Lawmakers have been assessing whether changes need to be made to the system since early 2011, when proposals for fixes to the system made their way to the state’s General Assembly. Some legislators claim that changes to the state’s auto insurance system need to be changed to be more consumer friendly, while…

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