Various Civil and Insurance Law Changes.

Summary

The bill rewrites North Carolina insurance statutes to specify which rebate‑like practices insurers and producers may use, such as offering certain value‑added services, small non‑cash gifts, and free raffles, as long as strict criteria are met. It applies to insurers, producers, and their representatives for policies issued, renewed, or amended after the law takes effect, aiming to modernize trade practices while protecting consumers from unfair discounts.

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