Bail Bonds Liability Reporting

Effective January 1, 2008, pursuant to N.C.G.S. 58-71-165(b), each insurer that appoints surety bondsmen in North Carolina shall file with the Commissioner a written report regarding all bail bonds on which the insurer is liable as of the last day of each calendar quarter showing the total dollar amount for which the insurer is liable. The quarterly report must be submitted on or before the fifteenth day following the end of each calendar quarter.