North Carolina Rate Bureau/NC Reinsurance Facility/NC Insurance Guaranty Association Employee Directory
InsuranceNorth Carolina, United States51-200 Employees
The North Carolina Rate Bureau, the North Carolina Reinsurance Facility, and the North Carolina Insurance Guaranty Association are nonprofit, unincorporated entities established by statute to support North Carolina's insurance ecosystem. The Rate Bureau was created by the General Assembly in 1977 under Article 36 of Chapter 58. The organization is based in Raleigh, North Carolina. NCRB provides services for automobile, property, and workers' compensation insurance in the state. The Reinsurance Facility, created in 1973, aims to ensure all eligible risks can obtain auto liability coverage, collect appropriate premiums, pay losses correctly, and minimize disruption for policyholders and insurers in North Carolina. The Guaranty Association is intended to protect policyholders and claimants from severe financial losses and delayed claim payments due to insurer insolvencies, with statutory duties to payment of covered claims, insolvency prevention, and cost-sharing among insurers.
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