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NC officials began a hearing into insurance companies’ request to raise homeowners’ rates statewide by an average 42.2%. What to know.
The commissioner of insurance is a statewide elected office in the U.S. state of North Carolina. The commissioner is a constitutional officer who leads the state's Department of Insurance and sits on the North Carolina Council of State. The current commissioner is Mike Causey, who has held that office since January 1, 2017.
As North Carolina reels from Helene, companies writing homeowners’ insurance have proposed an average 42.2% rate increase in North Carolina. After months of speculation, NC homeowners ...
Separately, the Rate Bureau has filed an average overall 42.2% hike for homeowners’ insurance; an 82.9% increase for mobile home fire policies (MH-F); and a 49.9% increase for mobile home ...
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The N.C. Rate Bureau, which represents companies that write insurance policies in the state, last Thursday requested an overall 82.9% average increase for mobile home fire policies (MH-F) over a ...
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Matheson joins a growing number of homeowners across the state who’ve faced skyrocketing premiums in recent years. In 2020, the 41-year-old nurse bought her three-bedroom, one-bathroom home ...