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STATE, ETC. v. NORTH CAROLINA RATE BUREAU

No. 8010INS506.

272 S.E.2d 923 (1981)

STATE of North Carolina, ex rel. COMMISSIONER OF INSURANCE, Appellee, v. NORTH CAROLINA RATE BUREAU, Liberty Mutual Fire Insurance Company, Liberty Mutual Insurance Company, Aetna Casualty & Surety Company, American Mutual Liability Insurance Company, Standard Fire Insurance Company, Travelers Insurance Company, Lumbermens Mutual Casualty Company, United States Fidelity & Guaranty Company, American Motorists Insurance Company, Fidelity & Guaranty Insurance Underwriters, Travelers Indemnity Company, Maryland Casualty Company, Travelers Indemnity Company of Rhode Island, Pennsylvania, National Mutual Casualty Insurance Company, Appellants. In the Matter of A FILING DATED NOVEMBER 27, 1979 BY the NORTH CAROLINA RATE BUREAU for Revised Worker's Compensation Insurance Rates Docket No. 314.

Court of Appeals of North Carolina.

January 6, 1981.

Attorney(s) appearing for the Case

Atty. Gen. Rufus L. Edmisten by Asst. Atty. Gen. Richard L. Griffin, Raleigh, for appellee.

Young, Moore, Henderson & Alvis by Charles H. Young and George M. Teague, Raleigh, for defendants-appellants.

CLARK, Judge.

On 27 November 1979 the Rate Bureau made a filing for revised workers' compensation insurance rates proposing an indicated need for a 24.3% increase in the overall level of workers' compensation rates and rating values, but the proposed increase was limited to 6% pursuant to G.S. 58-124.26. The Rate Bureau appeals from the order of the Commissioner of Insurance disapproving substantially the entire rate increase proposed in the filing.

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