The agency tasked with representing private insurers in North Carolina is calling for double-digit homeowners rate increase, citing a new approach to catastrophe modelling and increases in reinsurance prices.
Modeling Changes, Reinsurance Prices Pushes North Carolina to Push for Record Rate Increase
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Texas spreads its windstorm model risk while California's wildfires become economically existential.
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Also: the one issue that Democrats and Republican's can agree on is wildfire modeling.
