Orange County NC Website
Browse       Search
w � r <br /> A RESOLUTION R GARDING RECONSIDERATION OF HOUSE BILL 658 ("pile and <br /> Use Insurance Rate "} <br /> WHEREAS, th North Carolina General Assembly enacted House Bill 658 which <br /> permits insurance ompanies to put insurance rates into effect without the prior approval <br /> of the Commissioner of Insurance in North Carolina; and <br /> WHEREAS eases to unIustified r increases will I a n i adversely affect all County, City and <br /> Municipal Govern I ents by raising general operating expenses, and <br /> WHEREAS, unjustified rate increases are not in the best interest of the people <br /> of North Carolina, and <br /> WHEREAS, the Honorable John Ingram, a constitutional officer, was elected by <br /> the people of Nortf Carolina to effectively regulate the insurance industry under a <br /> prior approval rating system <br /> NOW, THEREFORE BE IT RESOLVED, by the North Carolina Association of <br /> County Commission rs that the North Carolina General Assembly is urged to reconsider <br /> its enactment of Ho se Bill 658 at the earliest appropriate opportunity and to restore <br /> the prior approval i surance rating system. <br /> APPROVED <br /> �. <br /> DISAPPROVED <br /> COUNTY <br /> BY: <br /> CHAIRMAN <br /> RETURN BY SEPTEM ER 80, 1977 TO: <br /> NCACC <br /> P. 4. Box 1488 <br /> Raleigh, North arolina 27602 <br />