House committee substitute to the 1st edition makes the following changes.

Makes new GS 58-63-15(8)d, which includes as a method of competition and unfair and deceptive acts or practices in the business of insurance, when an insurer, producer, or representative of either offers or provides insurance as an inducement to the purchase of another policy or otherwise use the words "free," "no cost," or words of similar import about the policy sale or purchase, in an advertisement, effective on January 1, 2027, instead of when the act becomes law.