Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

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 ...

Tagged with: homeowners insurance

RALEIGH — The head of North Carolina’s key business-recruiting agency is stepping down to be replaced by the environment agency head, Gov. Pat McCrory said Tuesday. Commerce Secretary Sharon Decker is leaving at the end of this month and being succeeded by John ...

Tagged with: Commerce Secretary Sharon Decker Gov. Pat McCrory

ASHEBORO — North Carolina Republican lawmakers on Saturday picked state Rep. Tim Moore of Cleveland County to become the next leader of the state House of Representatives. House Republicans selected the 44-year-old Kings Mountain attorney and metal recycling company owner as their nominee ...

Tagged with: Tim Moore

RALEIGH — A federal judge is deciding whether he heard enough Wednesday to rule in a lawsuit pitting North Carolina officials and Alcoa Inc. over the right to control the water and electricity coming from the state’s second-largest river system. The case’s outcome ...

RALEIGH — North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowner’s coverage costs to rise by as much as 35 percent even as more insurers demand even higher rates in agreements with customers. Craig Smith has seen the annual insurance ...

RALEIGH — The U.S. Supreme Court is set to hear a North Carolina case over whether U.S. states can delegate the regulation of professions such as dentistry, plumbing, cosmetology and more to boards of practitioners drawn from those occupations. The ...

Tagged with: U.S. Supreme Court

RALEIGH — The income gap that’s been growing for years increasingly is undermining public treasuries in North Carolina and other states, a new report by the investment rating agency Standard & Poor’s says. North Carolina is among the 10 states most reliant on income tax ...

Tagged with: Standard & Poor's

RALEIGH — Duke Energy plans to invest $500 million in solar power to meet North Carolina’srequirement that more of its electricity come from renewable energy, the country’s largest electricity company said Monday. The Charlotte-based company said it will build three generating facilities ...

Tagged with: Duke Energy solar power

RALEIGH — Gov. Pat McCrory wouldn’t say Tuesday how he plans to respond to a proposed new law regulating Duke Energy’s toxic coal ash pits, a measure he has suggested includes an unconstitutional provision. “I’m going to respond to that ...

Tagged with: Duke Energy Gov. Pat McCrory

RALEIGH — North Carolina’s Supreme Court on Monday took a new look at whether state regulators are doing enough to balance consumer protection against the pursuit of higher rates by the country’s largest electric company. The new-look court heard arguments in two lawsuits ...

Tagged with: Duke Energy