North Carolina Insurance Commissioner Mike Causey has set Jan. 18, 2022 as the hearing date for the North Carolina Rate Bureau’s proposed 18.7% dwelling insurance rate increase, stated a press release from the Department of Insurance.
“We are not in agreement with the Rate Bureau’s proposed increase filed in December,” said Causey. “I want to make sure that the process is transparent and that consumers’ interests are protected while making sure our insurance companies remain healthy so they can pay claims.”
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