Homeowners · Settled

Rate Bureau requested 25.3%; settlement produced no statewide change

Filed
January 2, 2014
Requested
+25.3%
Approved
0.0%
Effective
June 1, 2015

Requested: Statewide average requested. First-pass entry — verify against the circular.

Outcome: Settlement produced no change in the statewide average base rates.

What this filing means

The Rate Bureau requested a 25.3% statewide average increase. The settlement produced no change to statewide average base rates, with the agreement dated ahead of the June 1, 2015 program date.

Timeline

  1. October 21, 2014 · Settled

    Settled with no statewide change

    The settlement left statewide average base rates unchanged.

    NCDOIHO-2014-SETTLEMENTOct 21, 2014

  2. January 2, 2014 · Filed

    Rate Bureau filed a 25.3% homeowners request

    The Rate Bureau filed for a 25.3% statewide average increase.

    NCRBP-14-1Jan 2, 2014

Documents