State Treasurer Dale Folwell discusses recent developments involving North Carolina’s State Health Plan. Folwell offered these comments during an interview for Carolina Journal Radio.
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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).