North Carolina § 58-39-65 - Previous adverse underwriting decisions.

§ 58-39-65. Previous adverse underwriting decisions.

No insurance institution or agent may base an adverse underwriting decision in whole or in part: On the fact of a previous adverse underwriting decision or on the fact that an individual previously obtained insurance coverage through a residual market mechanism: Provided, however, an insurance institution or agent may base an adverse underwriting decision on further information obtained from an insurance institution or agent responsible for a previous adverse underwriting decision; On personal information received from an insurance-support organization whose primary source of information is insurance institutions: Provided, however, an insurance institution or agent may base an adverse underwriting decision on further personal information obtained as the result of information received from such insurance-support organization. History (1981, c. 846, s. 1; 2003-262, s. 2(1).) Editor's Note. - Sessions Laws 2003-262, s. 2(1), effective June 26, 2003, redesignated G.S. 58-39-1 through 58-39-76 as Part 1 of Article 39 of Chapter 58 , under the heading "Insurance Information and Privacy Protection."