A BILL TO BE ENTITLED
AN ACT to revise the law governing insurance rate deviations.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 58‑36‑30(a) reads as rewritten:
"(a)	Except as permitted by G.S. 58‑36‑100 for workers' compensation loss costs filings, no insurer and no officer, agent, or representative of an insurer shall knowingly issue or deliver or knowingly permit the issuance or delivery of any policy of insurance in this State that does not conform to the rates, rating plans, classifications, schedules, rules and standards made and filed by the Bureau, as approved by the Commissioner. An insurer may deviate from  such rates, rating plans, classifications, schedules, rules, and standards if the insurer has filed the proposed deviation with the Bureau and the Commissioner, if the resulting premium by coverage does not exceed the premium that would have been determined using the rates, rating plans, classifications, schedules, rules, and standards promulgated by the Bureau and if the proposed deviation is based on sound actuarial  principles."SECTION 2.  This act is effective when it becomes law.