On October 25, 2018, the North Carolina Department of Insurance issued a bulletin to all property and casualty insurers writing homeowners insurance in North Carolina.
The purpose of the bulletin is to notify insurers of the annual reporting requirements of consent-to-rate data for policies covering the loss to residential real property with not more than four housing units. This annual report must be submitted to the Department by March 15, 2019.
For any questions regarding the North Carolina residential property annual report, or any other reporting requirements, please contact Westmont Associates, Inc.
Westmont Associates, Inc. tracks developments affecting the insurance industry, in addition to our other services. If you have any questions, please contact us.