News

NC Rate Bureau requests rate increase of up to 83% for mobile home insurance

After requesting an average rate hike of 42% in homeowners’ insurance rates in January, now comes word that the North Carolina Rate Bureau (NCRB) wants to raise mobile home fire policies (MH-F) an average of 83% and 50% for casualty policies (MH-C), both broken down over a three-year period. That’s according to a press release from the North Carolina Department of Insurance (NCDOI).

Theresa Opeka
News

RTP Biotech company granted $15 million JDIG agreement

FUJIFILM Diosynth Biotechnologies, a division of Japanese parent company Fujifilm Corp, plans to expand its job force at its Holly Springs location with an additional 680 jobs and a $1.2 billion investment as part of a $15 million Job Development Investment Grant (JDIG) awarded by the North Carolina Department of Commerce’s Economic Investment Committee (NCEIC).

Theresa Opeka

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US House passes work reauthorization act that expands welfare reforms

The US House voted this week to reauthorize a federal jobs act that would open up opportunities for a handful of individual states to consolidate and simplify the way safety-net programs are administered. HR 6655, a Stronger Workforce for America Act, revises the Workforce Innovation and Opportunity Act for the first time since 2014. The...

David N. Bass
Video

The Debrief: Is this the end of DEI on campus?

This week on the Debrief, Vice President Kamala Harris is back in North Carolina, for the second time in two weeks, and there will be s a new name on your November presidential ballot. What is a “benefits cliff?” We’ll explain how a raise can be a net loss for those on entitlement programs, plus...