NCRF Frequently Asked Questions
Audit
My Company has received a request for policy files to audit. Why are you requesting Voluntary policies not ceded to the Facility?
Each member company is subject to audit by the North Carolina Reinsurance Facility to ensure compliance with Facility procedures. The Facility, under the Rules of Operation, may review upon reasonable notice, a member's policy files to confirm your company's Recoupment reporting procedures.
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