Laserfiche WebLink
A RESOLUTION REGARDING RECONSIDERATION OF HOUSE BILL 658 ("File and <br /> Use Insurance Rates~) <br /> <br /> WHEREAS, the North Carolina General Assembly enacted House Bill 658 which <br /> r)ermils insurance companies to put insurance rates into effect without the prior approval <br /> of the Commissioner of nsurance in North Carolina; and <br /> <br /> WHEREAS~ unjustified rate increases will adversely affect all County~ City and <br /> MunlcJpal Governments by raising general operating expenses, and <br /> <br /> WHEREASr unjustified rate increases are not in the ~st interest of the people <br /> <br /> of North Carolina, and <br /> <br /> WHEREAS, the Honorable John Ingram~ a constitutional officer, was elected by <br /> the people of North Carolina to effectively regulate the insurance industry under a <br /> prior approval rating system <br /> <br /> NOW~ THEREFORE BE IT RESOLVED, by the North Carolina Association of <br /> County Commissioners that the North Carolina General Assembly is urged to reconsider <br /> its e n gctment of House Bill 658 at the earliest appropriate opportunity and to restore <br /> the prior approval insurance rating system. <br /> <br /> APPROVED <br /> <br /> DISAPPROVED <br /> <br /> COUNTY <br /> <br /> BY: <br /> <br /> CHAIRMAN <br /> <br />RETURN BY SEPTEMBER 30~ 1977 TO: <br /> <br /> NCACC <br /> P. O, Box 1488 <br /> Raleigh~ North Carolina 27602 <br /> <br /> <br />