North Carolinians are increasingly paying more for their homeowners’ insurance than is allowed under the state’s approved rates. Caught between higher premiums or losing coverage, more and more are opting to sign “consent-to-rate” letters that allow insurers to raise rates ...Read More »
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RALEIGH – North Carolina insurance companies that wanted to raise the cost of homeowners coverage by an average of roughly 25 percent were told Dec. 19 that the state’s regulator is instead approving a zero overall change. Insurance Commissioner Wayne Goodwin said ...Read More »
A hearing on the insurance industry’s request to raise premiums an average of 25 percent for North Carolina homeowners has been postponed to allow insurance experts more time to prepare their testimony. Insurance commissioner Wayne Goodwin had scheduled the original ...Read More »
Insurers want to increase homeowners’ premiums an average of 25 percent across North Carolina. They say the rate increase is needed to cover all the claims insurance companies have paid out over the last couple of years, an amount that ...
Tagged with: Charlotte Regional Realtor Association Corey Illingworth homeowners insurance insurance commissioner Joe Rempson Kerry Hall N.C. Department of Insurance N.C. rate bureau Pegram Insurance Agency Sean Hertel Sue Taylor Wayne GoodwinRead More »