01 .0602 - INSURANCE COMPANIES' RESPONSE TO DEPARTMENTAL INQUIRIES

01 .0602. INSURANCE COMPANIES' RESPONSE TO DEPARTMENTAL INQUIRIES

Every insurer, upon receipt of an inquiry, oral or written, from the department shall furnish the commissioner or his designated representative with a complete and accurate response in writing, unless such response is specifically authorized by the commissioner to be given orally. Such response must be made by the insurer within seven calendar days of receipt of the request, except that the commissioner may extend this time period in an individual case.

(Authority G.S. 58-2-40; 58-2-190; Eff. February 1, 1976; Readopted Eff. May 12, 1978; Amended Eff. August 1, 1988.)

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