"Many North Carolina citizens have already told me how worried they are about the recent filing made by the N.C. Rate Bureau requesting an increase to homeowners' insurance rates, and they've got good reason to be concerned," North Carolina Commissioner of Insurance Mike Causey said in a release. Credit: Jiri Flogel/Shutterstock.com
The North Carolina Rate Bureau, which administers P&C rates for the state, is seeking an average rate increase of 42.2% for homeowners insurance, according to the state's department of insurance. The rate bureau and department of insurance are separate entities.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
