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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.
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North Carolina insurance officials got an earful Monday about a proposal to increase homeowners insurance rates by an average of 42%.
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State employees who work in downtown Raleigh have been on the move in recent months to make way for major office construction projects.
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Commissioner Mike Causey performed a hot car demo to show how dangerous the temperature is inside a vehicle.
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North Carolinians have been clearing grocery shelves and stocking up on clean water in anticipation of Hurricane Florence. However the insurance industry鈥
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North Carolina's insurance commissioner has rejected a proposed 18.7 percent increase on home insurance rates.Instead, Insurance Commissioner Mike Causey鈥
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The North Carolina Rate Bureau, which represents homeowners insurance companies, has asked the state insurance department to approve an average 18.7鈥
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Residential insurance companies want to raise their premium rates by an average of 25 percent. The N.C. Department of Insurance will hold a public hearing鈥
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Aaah, the coast. Those salt breezes. The tasty fresh seafood. The high insurance rates? Not if some mayors and business owners across North Carolina's鈥
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The North Carolina Department of Insurance has set up a series of temporary insurance assistance centers in areas hardest hit by Hurricane Irene. The鈥