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NC court backs decision against home insurance rate increase (access required)

RALEIGH (AP) — North Carolina's insurance commissioner had plenty of justification to reject a request by insurers to raise homeowners' premiums by an average of 25 percent, the state Court of Appeals ruled Tuesday. Instead, Insurance Commissioner Wayne Goodwin imposed a zero-percent overall increase beginning in June 2015 by increasing rates for renters and condominium policyholders while ...

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