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Cost of homeowners insurance claims increases at 2x rate of inflation – PropertyCasualty360

Cost of homeowners insurance claims increases at 2x rate of inflation – PropertyCasualty360News from Cost of homeowners insurance claims increases at 2x rate of inflation – PropertyCasualty360: Carriers see increased costs of homeowners claims. With inflation low for the last 17 years, you would expect the cost of homeowners insurance claims to remain low as [...]

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, [...]

Homeowners insurance rate hearing set for Oct. 20

Homeowners insurance rate hearing set for Oct. 20News from News & Observer: A hearing on the insurance industry’s request for an average increase of 25.3 percent on homeowners insurance rates across the state is set to begin Monday, Oct 20. The hearing, which was originally scheduled for August but was postponed, is scheduled for 9 [...]

Ohioans see rate hikes in auto, homeowners insurance

Ohioans see rate hikes in auto, homeowners insuranceNews from Norwalk Reflector: State officials say Ohio’s rates remain well below the national average. Ohioans’ homeowners insurance rates jumped an average of 7.4 percent in 2013, and their auto insurance rates rose 2.6 percent, according to an Ohio Department of Insurance and Ohio Insurance Institute study released [...]

State rejects insurance rate increase request from FAIR high-risk home …

State rejects insurance rate increase request from FAIR high-risk home …News from MassLive.com: SPRINGFIELD- Massachusetts regulators have rejected a request from the state’s high-risk property  insurance provider that could have increased  homeowners  insurance premiums by an average of 7 percent. While most common in flood-and-storm-prone ares of Cape Code and the islands, the  FAIR high [...]

Top 5 States for Auto, Home Insurance Rate Hikes in 2013: Perr&Knight

Top 5 States for Auto, Home Insurance Rate Hikes in 2013: Perr&KnightNews from Insurance Journal: Personal auto insurance companies increased their rates by an average of 2.5 percent countrywide in 2013, while home insurers increased their rates by an average of 5.1 percent, according to figures compiled from Perr&Knight’s RateWatch. In addition, renters insurance rates [...]

Commissioners oppose homeowners insurance rate increase

Commissioners oppose homeowners insurance rate increaseNews from Morganton News Herald: The Burke County Board of Commissioners passed a resolution Tuesday opposing a proposed homeowners insurance rate increase by the N.C. Rate Bureau. On Jan. 3, the Bureau submitted a homeowners’ insurance rate increase filing to the N.C. Department of Insurance. The Bureau, which is not [...]

Pamlico opposes homeowner insurance rate hikes

Pamlico opposes homeowner insurance rate hikesNews from New Bern Sun Journal: BAYBORO — Pamlico County commissioners added their names to the list of coastal boards that have gone on the record to oppose a requested rate hike for homeowners insurance. The resolution of opposition passed unanimously earlier this week, at the request of Commissioner Kenny [...]

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