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NC coastal counties criticize request for homeowners’ insurance rate hike

NC coastal counties criticize request for homeowners’ insurance rate hike

NC coastal counties criticize request for homeowners’ insurance rate hike
News from News & Observer:

Houses cling to the coast along a section of damaged N.C. 12 at the edge of Rodanthe in the aftermath of Hurricane Irene. A group of Federal and state officials went on a helicopter tour of eastern North Carolina to view damage caused by Hurricane Irene on Aug. 30, 2011.

CHRIS SEWARD — 2011 News & Observer file photo Buy Photo

— About a dozen upset and exasperated elected and appointed officials from coastal North Carolina counties led a barrage of complaints about the latest insurance industry request for a major hike in homeowners’ insurance rates.

Mayors, county commissioners, county and town managers, and a state legislator testified at a public comment session Friday that they are mystified why the rates along the coast are already so high and why the insurance companies still want more. They also told Bob Mack, the deputy state insurance…………… continues on News & Observer

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