N.C. Auto Insurance Rates To Fall 15 Percent

NU Online News Service, April 4, 11:56 a.m.EST?The North Carolina Department of Insurance announced asettlement over auto insurance rates that it said could saveconsumers nearly $500 million in premiums.

Jim Long, the state's insurance commissioner, said an agreementreached between the Insurance Department and the North CarolinaRate Bureau will mean a 15 percent rollback in auto insurance rateseffective July 1.

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