瓜神app

The North Carolina Department of Insurance announced the new rates last Friday. The insurance industry says inflation and climate change are driving up costs.

A hearing has started in North Carolina over the insurance industry's request to raise homeowner premiums by more than 42% on average. A top lieutenant for Insurance Commissioner Mike Causey began hearing what's expected to be multiple weeks of testimony and evidence on Monday.

North Carolina鈥檚 top insurance regulator has rejected the industry's request for a 42% increase in homeowners鈥� insurance premiums. Insurance Commissioner Mike Causey says he's told them 鈥淣o鈥� and scheduled a hearing for October to evaluate what average increases would be reasonable.

North Carolina insurance officials got an earful Monday about a proposal to increase homeowners insurance rates by an average of 42%.

North Carolinians have been clearing grocery shelves and stocking up on clean water in anticipation of Hurricane Florence. However the insurance industry鈥�