North carolina homeowners rate appeal 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 …

North Carolina property insurers are on hold while the industry rating agency contemplates whether to appeal a decision by regulators denying a proposed 25.3 percent rate increase. The North Carolina Rate Bureau made the rate filing on behalf of the …