Feedback session set for Monday on NC home insurance rate hike plan of 42.2%

Feedback session set for Monday on NC home insurance rate hike plan of 42.2%

by: Rodney Overton, Maggie Newland
Posted: Jan 21, 2024 / 10:43 PM EST
Updated: Jan 22, 2024 / 05:58 AM EST

RALEIGH, N.C. (WNCN) — In-person and virtual public feedback is planned on Monday about an average North Carolina home insurance rate hike of 42.2 percent, which is proposed by insurance companies.
Snip... much higher rates of 99.4 percent are proposed at beaches and 57 percent in inland areas such as Wilson and Edgecombe counties.

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Below are the ways to provide public comments in-person or virtually on Monday:

A public comment forum will be held to listen to public input on the North Carolina Rate Bureau’s rate increase request at the North Carolina Department of Insurance’s Jim Long Hearing Room on Jan. 22 from 10 a.m. to 4:30 p.m. The Jim Long Hearing Room is in the Albemarle Building, 325 N. Salisbury St., Raleigh, N.C. 27603. A virtual public comment forum will be held simultaneously with the in-person forum on Jan. 22 from 10 a.m. to 4:30 p.m. The link to this virtual forum will be:
https://ncgov.webex.com/ncgov/j.php?MTID=mb3fe10c8f69bbedd2aaece485915db7e
There are also other ways to provide feedback:

Emailed public comments should be sent by Feb. 2 to an email at NCDOI.2024Homeowners@ncdoi.gov
Written public comments must be received by Kimberly W. Pearce, Paralegal III, by Feb. 2 and addressed to 1201 Mail Service Center, Raleigh, N.C. 27699-1201.

More...
https://www.cbs17.com/news/north-carolina-news/feedback-session-set-for-monday-on-nc-home-insurance-rate-hike-plan-of-42-2/

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