Surf City drafts resolution opposing 17-percent statewide increase of homeowners insurance
The N.C. Rate Bureau filed the rate increase request with the state's Department of Insurance, which said it is "a long way from being able to approve something like that."
SURF CITY — Last week Mayor Doug Medlin signed a resolution opposing a statewide average homeowners insurance increase of 17.4 percent requested by the North Carolina Rate Bureau, which promulgates rates on behalf of all insurance companies doing business in the state.
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