On Thursday of last week, North Carolina Insurance Commissioner Jim Long issued letters and surveys in an effort to closely scrutinize the records and practices of more than 5,000 insurance companies and brokers licensed by the state. Long’s "demand to produce information" gives everyone seven days to verify that the company has not participated in bid rigging.  If an insurance company or broker is not aware of bid rigging or illegal practices, it is still required to submit a notarized letter from the president or CEO of the company to the North Carolina Department of Insurance certifying that it has made a full and comprehensive inquiry and did not find anything to substantiate such a practice.

Long Requests Certified Statements (NC DOI press release 10/28/04)

NC DOI Demand Letter (10/28/04)

NC Commissioner Demands Certified Statements (Insurance Journal 10/28/04)

November 2, 2004