{"data":{"id":"us-nc/n.c.-gen.-stat.-58-36-87","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 58-36-87","heading":"Affiliate transfer of policies.","body":"Delivery by an insurer of a policy superseding a policy previously issued by the insurer at the end of the previously issued policy period is not a refusal to renew when it is delivered by:\n(1)\tThe same insurer; or\n(2)\tAn affiliate or subsidiary, as those terms are defined in G.S. 58-19-5, that has a financial strength rating, issued by an industry-recognized independent insurance rating company, which financial strength rating is at least as good as the insurer issuing the superseded policy. The provisions of G.S. 58-36-110 and G.S. 58-36-85 apply to the affiliate or subsidiary as if it were the same insurer issuing the policy. (2015-264, s. 44.5(a); 2016-78, s. 6.2.)","path":["Chapter 58. Insurance.","Article 36. North Carolina Rate Bureau."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_58/GS_58-36-87.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:53Z","sha256":"5a4c228b186a75158fac1bd2c86b1f5e20b6db75ffe567387d44ef27bf6665cb","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-58-36-85","next":"us-nc/n.c.-gen.-stat.-58-36-90"},"notice":"GroundRules: Original legal text. Not legal advice."}