Chapter 58. Insurance. § 58-33-56. Notification to Commissioner of termination., N.C. Gen. Stat. § 58-33-56
Summary
(a) An insurer or authorized representative of the insurer that terminates the appointment, employment, contract, or other insurance business relationship with a producer or limited representative shall notify the Commissioner within 30 days after the effective date of the termination, using a form prescribed by the Commissioner, if the reason for termination is for or related to one of the causes listed in G.S. 58‑33‑46(a) or the insurer has knowledge the producer or a limited representative was found by a court, government body, or self‑regulatory organization authorized by law to have engaged in any of the activities in G.S. 58‑33‑46(a). Upon the written request of the Commissioner, the insurer shall provide additional information, documents, records, or other data pertaining to the termination or activity of the producer or limited representative.