N.C. Auto Insurance Rates To Fall 15 Percent
NU Online News Service, April 4, 11:56 a.m. EST?The North Carolina Department of Insurance announced a settlement over auto insurance rates that it said could save consumers nearly $500 million in premiums.
Jim Long, the state's insurance commissioner, said an agreement reached between the Insurance Department and the North Carolina Rate Bureau will mean a 15 percent rollback in auto insurance rates effective July 1.
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