House committee substitute to the 3rd edition makes the following changes.  Amends definition of residential roof replacement and repair services under GS 14-401.13 (failure to give right to cancel in off-premises sales) to specify that the licensure that the contractor performing the services holds must be issued under Article 1 of GS Chapter 87. 

Adds new GS 58-63-16 (permitted trade practices) permitting an insurer, insurance producer (defined), or limited representative (defined) to offer products or services when the products or services are: (1) offered in connection with the marketing, purchase, or retention of an insurance contract and do not exceed an aggregate retail value of $250 per person per year; (2) are offered without fee or at a reduced fee and are related to the servicing of an insurance contract or are offered or undertaken to provide risk control for the benefit of an insured; or (3) are offered without fee or at a reduced fee and are not contingent upon the purchase of insurance, are offered on the same terms to everyone, and the requirements of this subdivision are conspicuously disclosed to the recipient in writing. Specifies that new GS 58-63-16 does not apply to title insurance. Expands the activities not covered by GS 58-33-85 (rebates and charges in excess of premium prohibited; exceptions) and GS 58-63-15(7) and (8) (unfair trade practices) to include the trade practices permitted by GS 58-63-16. Makes organizational and technical changes to GS 58-33-85.

Sets a cap for insurance commissions, fees, or other valuable consideration to an unlicensed broker under GS 58-33-82(f) (commissions) at $50. Permits imposition of a fine not to exceed to $2,000 per violations for violations of the subtitle. Exempts title insurance. Applies to any referral of insurance business made on or after October 1, 2024.  

Makes conforming changes to act’s titles.

Senate committee substitute to the 1st edition makes the following changes. Amends prong three of new GS 58-63-16 authorizing insurers, insurance producers, and limited representatives to offer or provide products and services without or at a reduced fee (was, without or at a reduced fee regardless of whether the products or services are related to an insurance contract) if all of the following are met: their receipt is not contingent upon the purchase of insurance, they are offered on the same terms to all potential eligible customers (was, just all potential customers), and these such requirements are received by the recipient in writing. Makes clarifying changes, and no longer specifies that the provisions in new GS 58-63-16 (a) are notwithstanding GS 58-33-58 and GS 58-63-15. Enacts new GS 58-33-82(f) (commissions) capping commissions, fees or other valuable consideration for certain referral of insurance business by an unlicensed individual to a licensed insurance agent or broker at $50. Specifies that a violation of the new subsection can be punished by a fine not to exceed $2,000 for each violation. Exempts title insurance from $50 cap. Applies to any referral of insurance business made after October 1, 2023. Amends the act's long title.