J. Scott Moody, CEO and chief economist of State Budget Solutions, discusses the potential long-term negative economic impact of Medicaid expansion in North Carolina. Moody offered these comments during a March 23, 2015, speech for the John Locke Foundation’s Shaftesbury Society. To watch full-length presentations of JLF events, click here.
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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).