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NC homeowners’ insurance rates rose over the weekend
Rates increased on average by 7.5% as of June 1 and will rise another 7.5% on June 1, 2026, making owning a home in North Carolina more expensive.
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NC homeowners’ insurance rates to rise 15% over the next two years
Homeowners’ insurance rates will increase on average by 15% statewide over the next two years, a significantly lower rate than the average 42.2% rate increase the North Carolina Rate Bureau (NCRB) was seeking. North Carolina Insurance Commissioner Mike Causey announced Friday morning that his office and the NCRB signed an agreement that will see the...
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Final decision on NC homeowners insurance rate hike request to be made public soon
North Carolina homeowners will know the results of a request made by the North Carolina Rate Bureau (NCRB) to raise homeowners’ insurance rates an average of 42.2% in the next week or so according to North Carolina Insurance Commissioner Mike Causey.
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Hearings underway on proposed 42% rate hike in NC homeowners’ insurance
A hearing got underway Monday to determine whether a requested average 42.2% rate increase in homeowners’ insurance rates by the North Carolina Rate Bureau (NCRB) will be granted later this year.
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Native American bones, bureaucratic creep, and a stalled Carteret County housing development
In the town of Cedar Point, a subdivision development has encountered a major roadblock after the discovery of Native American artifacts and some human remains. State archaeologists believe these findings are of historical significance, which has halted the project after only about three dozen homes were built. This situation has highlighted the confusion and delays as the lines of bureaucratic jurisdiction become blurred.
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Causey defends state agreement on insurance rate increase for dwellings
North Carolina Insurance Commissioner Mike Causey says he wants to clear up any confusion regarding recent news reports on insurance rate filings from the North Carolina Rate Bureau (NCRB).
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NDOI reaches agreement over proposed dwelling rate increase
The North Carolina Department of Insurance has reached an agreement with the North Carolina Rate Bureau (NCRB) over a proposed dwelling rate increase.
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North Carolina homeowners push back in hearing on request to hike insurance rates
Comments on the North Carolina Rate Bureau’s request for an average increase of 42% in homeowners’ insurance rates were heard Monday during a public comment forum both in person at the NC Department of Insurance and online.
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Drawing sets order for packed ballot in 3rd District special election
Crowded is an understatement. Twenty-six candidates from four political parties lined up to seek the vacant 3rd U.S. Congressional District seat in a July 9 special election. The State Board of Elections said it is the largest complement of congressional candidates in memory. It comprises 17 Republicans, six Democrats, two Libertarians, and one Constitution Party...
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House District 9 races pits physician against redistricting advocate
Freshman Republican legislator Greg Murphy’s first legislative vote as a new state representative was a doozy: House Bill 2. The NCAA pulled several championship events from North Carolina because of the controversial law, which bars transgender people from using public bathrooms that aren’t the same as their gender by birth. Greenville, the county seat of Pitt County...
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Senate Adds New Tax Cut To Fiscal Equation
RALEIGH — On Thursday, Sens. Bob Rucho, R-Mecklenburg, Bill Rabon, R-Brunswick, and Jerry Tillman, R-Randolph, introduced a bill that would cut the personal income tax rate over two years from 5.75 percent to 5.5 percent. It also would cut the corporate income tax rate from 5 percent to 4 percent over the same time period.
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Emerald Isle Takings Case Could Have National Implications
RALEIGH — Four property owners suing the Town of Emerald Isle alleging an unlawful taking of their beachfront lots would strike a blow nationally for property rights protections if they win, their lawyers say. The town says its ordinances protect its ability to maintain beaches and public access.
