RESIDENTIAL PROPERTY

Operations

Per NCGS 58-36, The North Carolina Rate Bureau is tasked with certain responsibilities for residential property insurance.  The North Carolina Rate Bureau provides, but is not limited to, the following functions:

  • Responsible for filing rates, rules and forms for approval by the Commissioner of Insurance
  • Monitors legislative activity and industry trends
  • Provides statistical and compliance services
  • Collects and examines statistical and ratemaking data