Automobile and homeowners insurance rates are going up for many North Carolinians.
The increase approved by the Department of Insurance was significantly less than requested by insurance companies.
Insurers are reeling from losses from Hurricane Helene and Tropical Storm Eight, as well as increased coverage requirements for drivers
Clinton Mora is a reporter for Trending Insurance News. He has previously worked for the Forbes. As a contributor to Trending Insurance News, Clinton covers emerging a wide range of property and casualty insurance related stories.