Hearing date set for proposed automobile insurance rate increase - The Coastland Times

Hearing date set for proposed automobile insurance rate increase - The Coastland Times

North Carolina Insurance Commissioner Mike Causey has set Sept. 22 as the hearing date for the North Carolina Rate Bureau’s proposed 23% automobile insurance rate increase. “We are not in agreement with the Rate Bureau’s proposed increases filed on Feb. 3. The next step, according to statute, is to set a hearing date,” said Causey. “The purpose of the hearing is to reach a resolution that will make the most financial sense for both North Carolin…