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Raleigh, NC (CompNewsNetwork) - The North Carolina Rate Bureau recently filed and the North Carolina Commissioner of Insurance has approved minor revisions to the NCCI Basic Manual. The changes, shown in the attachment, are intended to clarify the intent of the existing Deductible Insurance Rule. This filing was for clarification purposes only. This change was approved effective August 1, 2010.
No rate change is associated with this item. No additional action is needed on the behalf of individual carriers.
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