North Carolina insurance industry proposes average 42% homeowner premium increase
RALEIGH, N.C. (AP) - Another round of setting homeowner insurance policy rates in North Carolina has begun with the industry seeking a 42.2% average statewide premium increase that would begin in the summer. The North Carolina Rate Bureau, which represents insurance companies, notified the state Insurance Department last week of its rate-filing request, the department said in a statement that also announced a public comment period on the proposal through