Published 6 days ago • loading... • Updated 5 days ago

Auto insurers request 22.6% increase - The Coastland Times

Summary by The Coastland Times

North Carolina insurance companies have requested a statewide average 22.6% increase in automobile insurance rates, according to a news release from the North Carolina Department of Insurance. The North Carolina Rate Bureau, which represents the automobile insurance companies in the state and is not a part of the Department of Insurance, filed the request with the Department on Monday. The insurance companies requested that the rates take effect…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

4 Articles

All

Left

Center

Right

The Coastland Times

Auto insurers request 22.6% increase - The Coastland Times

5 days ago

Read Full Article

Westside Current

Insurance Commissioner Lara Seeks Meeting with State Farm on Rate Request

LOS ANGELES - After State Farm, California's largest insurer, filed a request for an emergency 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara Friday requested a meeting with the company so they can explain their need for such…

State Farm Faces Scrutiny Over Emergency Rate Hike Request From State Official

Commissioner Lara Demands Answers on Financial Stability and Consumer Impact California Insurance Commissioner Ricardo Lara has responded to State Farm’s February 3 request for an interim 22% rate hike in the state following the devasting Palisades and Eaton Fires. The request also asked for rate hikes of 15% for renters, 15% for condominium unit owners, and 38% for rental dwellings. Lara stated that under Proposition 103, insurers must demonst…

6 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year