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Tag Archives: Hike

North Carolina won’t see a homeowners insurance rate hike

North Carolina won’t see a homeowners insurance rate hikeNews from wtkr.com: Kill Devil Hills, N.C. (WTKR) – A proposal to hike the cost of homeowners insurance in North Carolina has been rejected by the North Carolina Department of Insurance. Insurance Commissioner Wayne Goodwin announced his decision on December 18. In early January 2014, the North [...]

Hearing Held on Proposed Homeowners Insurance Rate Hike

Hearing Held on Proposed Homeowners Insurance Rate HikeNews from TWC News: RALEIGH — North Carolina’s insurance commissioner is holding a hearing Monday on a request from companies that want to increase homeowner insurance prices by an average of more than 25 percent in January. However for some communities on the coast and in the Triangle, [...]

Hearing Held on Proposed Homeowners Insurance Rate Hike

Hearing Held on Proposed Homeowners Insurance Rate HikeNews from TWC News: RALEIGH — North Carolina’s insurance commissioner is holding a hearing Monday on a request from companies that want to increase homeowner insurance prices by an average of more than 25 percent in January. However for some communities on the coast and in the Triangle, [...]

Proposed North Carolina homeowners insurance hike called “excessive and …

Proposed North Carolina homeowners insurance hike called “excessive and …News from wtkr.com: Kill Devil Hills, N.C. (WTKR) – A plan that would hike homeowners insurance rates in North Carolina continues to come under fire. NewsChannel 3 first reported on the proposal in January. Insurance companies in the Tar Heel state submitted a proposal through the [...]

Public hearing in NC on home insurance hike

Public hearing in NC on home insurance hikeNews from The Virginian-Pilot: The Associated Press © January 24, 2014 RALEIGH, N.C.  A proposal by North Carolina insurance companies to raise the cost of homeowners coverage by an average of 25 percent is being discussed. A public hearing will be held Friday. More than 3,000 written comments [...]

NC coastal counties criticize request for homeowners’ insurance rate hike

NC coastal counties criticize request for homeowners’ insurance rate hikeNews 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 [...]

Onslow Co. Board Of Commissioners Oppose Home Insurance Rate Hike

Onslow Co. Board Of Commissioners Oppose Home Insurance Rate HikeNews from WITN: The Onslow County Board of Commissioners adopted a resolution Wednesday night, opposing the rate hike requested by the North Carolina Rate Bureau. The Rate Bureau filed that request earlier this month, asking for a statewide average increase of about 25% on all home [...]

Requested hike in homeowners’ insurance won’t pass muster

Requested hike in homeowners’ insurance won’t pass musterNews from News & Observer: Insurers must have taken it literally when they attended their last industry convention and some inspirational speaker encouraged them to “reach for the skies” or “aim high” or “dare to dream big.” For those insurers are asking for another big rate increase in [...]

NC Rate Bureau seeks average 25.3% rate hike for homeowner’s insurance

NC Rate Bureau seeks average 25.3% rate hike for homeowner’s insuranceNews from Jacksonville Daily News: Homeowners beware: Another increase in your insurance rates may be on the way. The N.C. Department of Insurance received a homeowner’s insurance rate filing from the N.C. Rate Bureau late Friday afternoon. The Rate Bureau, which represents all companies writing [...]

Homeowners insurance rate hike leads Commissioner to call hearing

Homeowners insurance rate hike leads Commissioner to call hearingNews from Live Insurance News: Wayne Goodwin, the commissioner for North Carolina, has ordered a hearing in response to the request that homeowners insurance companies in the state have made requests to their policyholders for an increase in their premiums. The commissioner feels that the proposed rates [...]

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