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STATE EX REL. COM'R OF INS. v. RATE BUREAU

No. 8810INS865.

381 S.E.2d 801 (1989)

STATE of North Carolina ex rel. COMMISSIONER OF INSURANCE, Appellee, v. NORTH CAROLINA RATE BUREAU, Appellant, In the Matter of a Filing Dated July 1, 1987 by the North Carolina Rate Bureau for Revised Automobile Insurance Rates—Private Passenger Cars and Motorcycles.

Court of Appeals of North Carolina.

August 15, 1989.

Attorney(s) appearing for the Case

Hunter, Wharton & Lynch by John V. Hunter, III; and Parker, Sink, Powers, Sink, Potter & Nelson by E. Daniels Nelson, Raleigh, for plaintiff.

Young, Moore, Henderson & Alvis, P.A. by Charles H. Young, Jr., Marvin M. Spivey, Jr., and R. Michael Strickland, Raleigh, for defendants.

COZORT, Judge.

The North Carolina Rate Bureau has appealed to this Court an Order of the Commissioner of Insurance disapproving the Bureau's 1 July 1987 rate filing and ordering into effect overall decreases in the existing rates. The Bureau contends that the Commissioner's underwriting profit and contingencies provisions are not supported by substantial and material evidence, and that the Commissioner failed to make sufficient findings of fact and conclusions of...

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