homeowners insurance

Regulator mulls State Farm’s 22% hike request for LA homeowner

March 24, 2025 Trân Nguyễn

SACRAMENTO, Calif. — California’s top insurance regulator last Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant […]

Home insurance rates to go up in NC

January 23, 2025 The Associated Press

RALEIGH — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry. The agreement […]

Insurance commissioner rejects ‘drastic’ homeowners’ insurance rate hike request

February 13, 2024 A.P. Dillon

RALEIGH — The N.C. Rate Bureau’s proposed statewide rate hike of 42.2% for homeowners insurance was rejected by North Carolina Insurance Commissioner Mike Causey on Feb. 6.  “I haven’t seen the evidence to justify such a […]

Causey rejects 42.2% homeowners’ insurance rate hike

February 6, 2024 North State Journal Staff

RALEIGH — North Carolina Insurance Commissioner Mike Causey on Tuesday afternoon said rejected the proposed increase in homeowners’ insurance rates “I haven’t seen the evidence to justify such a drastic rate increase on North Carolina consumers,” […]

Bipartisan congressional letter urges insurance commissioner to reject homeowners’ rate hike

February 6, 2024 A.P. Dillon

RALEIGH — Republican Rep. Greg Murphy (NC-03) is one of several members of Congress from North Carolina to join a letter to state Insurance Commissioner Mike Causey outlining concerns over a steep proposed rate hike of […]

Large rate hikes proposed for NC homeowners’ insurance

January 11, 2024 A.P. Dillon

RALEIGH — On Jan. 5, North Carolina Insurance Commissioner Mike Causey issued a press release announcing potential rate hikes for homeowners insurance. The North Carolina Rate Bureau (NCRB) submitted a request to the North Carolina […]