North Carolina State Capitol Photo: Clayton HenkelHomeowners push back against proposed 42% insurance rate increase Floodwaters isolate homes in the aftermath of Hurricane Florence in 2018 in Robeson County. Insurance companies say climate change-induced storms necessitate large homeowners’ insurance rate hikes, but many North Carolina homeowners say the proposed hikes are excessive. (Photo by Joe Raedle/Getty Images) By Greg Childress Dozens of North Carolinians attended a public comment session Monday to speak against a North Carolina Rate Bureau request to increase homeowner insurance rates by an average of 42%. The Rate Bureau, which represents companies that write insurance policies, ma
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