Thursday, July 17, 2025

North Carolina caps residence insurance coverage charge hikes at 7.5% underneath new settlement

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The speed bureau’s unique proposal, filed in January 2024, sought will increase as excessive as 99.4% in sure areas. Causey publicly opposed the request the next month, arguing that the justification for such a rise was inadequate. His opposition led to a 19-day listening to, which in the end resulted within the settlement settlement.



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