homeowners rate increase News

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

Louisiana’s property insurer of last resort has proposed raising homeowner’s rates an average of 7.7 percent statewide this year. The Advocate reports the Louisiana Citizens Property Insurance Corp.’s board said that the rate increase is being driven in part by …