News
NC auto insurance rates to increase an average of 5%
Auto insurance rates are set to rise an average of 5% across North Carolina on new and renewed policies starting after Oct. 1.
News
Rate Bureau requests 20+% increase on NC auto insurance
Buckle up, North Carolina vehicle owners! Your auto insurance may be going up over 20% later this year.
Opinion
Steer clear of auto insurance safe-driving discounts
Data monitoring could be the reason your rates go up even if you’re really a safe driver. Progressive, for example, says that 20% of those who enroll in its UBI program end up seeing a rate increase.
News
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.
Opinion
Auto insurance reformers moving in right direction
The John Locke Foundation has urged lawmakers for more than a decade to reform a system that hurts good drivers and thwarts innovation.
News
Friday Interview: N.C. Auto Insurance System Hurts Many Drivers
RALEIGH — N.C. Insurance Commissioner Jim Long ordered Thursday a 16.1 percent decrease in North Carolina’s maximum auto insurance rates. A news release from Long’s office estimated “potential savings of more than $1 billion.” The true picture is more complicated, according to Eli Lehrer, senior fellow at the Competitive Enterprise Institute. In July, Lehrer’s John Locke Foundation Policy Report labeled North Carolina’s auto insurance system the worst in the country.
Opinion
Year of the Charge Card
Depending on economic factors and the results of the 2006 elections, 2007 could turn out to be the Year of the Charge Card in North Carolina government.
Opinion
Keeping It In the Red Zone
Gov. Easley's modest proposal for a cap on state debt has pro-spending interests seeing red — primarily because they want to see North Carolina government more in the red in coming years.
News
NC Consumers to Get Settlements
RALEIGH — Consumers who may have unknowingly bought damaged vehicles because State Farm Insurance failed to issue proper titles for the cars will get money back as part of a national settlement. State attorney general offices reached an agreement with State Farm in which the insurer will give $40 million in refunds. An estimated 30,000 consumers nationwide may be eligible for payments ranging from $400 to more than $10,000, depending on vehicle value and the number of consumers who participate. Most consumers’ payments are likely to range from $800 to $1,850, the N.C. Attorney General’s office said.
Opinion
No. 700: Predatory Politicians: Where
Where’s state Attorney General Roy Cooper when North Carolina’s taxpayers really need him? For quite some time now, the mild-mannered defender of truth, justice, and the North Carolina way has been waging a never-ending battle on TV, warning the public of various con artists, hucksters, and other undesirable characters who prey on trusting consumers. Strangely enough, though, Cooper has been silent about a gang of rip-off artists who reside in his own backyard: North Carolina’s predatory politicians.
