A public comment forum is being held on the North Carolina office’s recent rate increase request. Insurance companies proposed raising homeowners’ insurance premiums by 42.2%. Insurance Commissioner Mike Causey says the proposed increase could take effect as early as August 1. The application will now undergo a mandatory public comment period before a final decision is made. There are two opportunities for you to participate. You can submit a comment at the Albemarle Building in Raleigh on North Salisbury Street from 10 a.m. to 4:30 p.m., and a virtual public comment forum will also be held. The link can be found on the Department of Insurance website: NCDOI.gov.
A public comment forum is being held on the latest rate increase request submitted by the North Carolina Rate Office.
Insurance companies proposed raising homeowners’ insurance premiums by 42.2%. Insurance Commissioner Mike Causey says the proposed increase could take effect as early as August 1. The application will now undergo a mandatory public comment period before a final decision is made.
There are two opportunities for you to participate. You can submit your comment at the Albemarle Building in Raleigh on North Salisbury Street from 10 a.m. to 4:30 p.m.
A virtual public comment forum will also be held. The link can be found on the Department of Insurance website: NCDOI.gov.