homeowner insurance rate increase News

Insurance companies aren’t giving up on their quest to raise premiums on North Carolina homeowners by an average of 25 percent, an industry spokesman said Wednesday. The group representing nearly 100 companies selling homeowners policies in North Carolina is appealing …

North Carolina’s insurance commissioner held a hearing on a request from companies that want to increase homeowner insurance prices by an average of more than 25 percent in January. The Fayetteville Observer reported that Insurance Commissioner Wayne Goodwin held the …