State Ex Rel. Commissioner of Insurance v. North Carolina Rate Bureau

CARLTON, Justice.

I

On 12 October 1978 the North Carolina Rate Bureau, on its own behalf and on behalf of its member companies writing workers’ compensation insurance in North Carolina, filed with the North Carolina Commissioner of Insurance a proposed revised premium rate schedule for workers’ compensation insurance. The filing also involved a proposed change in rating and miscellaneous values. The filing stated that statistical information substantiated the need for an average increase of 19.8°/o in the overall level of workers’ compensation insurance rates and rating values presently…