Rick Henderson, Carolina Journal managing editor, discusses lessons N.C. policymakers should learn from the incentives deal offered to Spirit AeroSystems. Henderson offered these comments during an interview with Donna Martinez for Carolina Journal Radio (Program No. 621).
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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).