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Rep. Hudson Applauds NC Insurance Commissioner for Rejecting Homeowner Insurance Rate Hikes

February 6, 2024

WASHINGTON, D.C. – Today, Congressman Richard Hudson (NC-09) released the following statement after North Carolina Insurance Commissioner Mike Causey officially rejected(link is external) the North Carolina Rate Bureau's (NCRB) request to raise homeowner insurance rates by an average increase of 42.2% statewide. Last month, Congressman Hudson sent a letter(link is external) with Congressman Greg Murphy, M.D. (NC-03) and seven other members of the North Carolina Congressional Delegation to Commissioner Causey urging him to deny these proposed hikes and work with stakeholders to find a more constructive solution to the issues facing the insurance industry.

“I'm glad to see that Commissioner Causey listened to my and my fellow colleagues' calls to reject plans to raise homeowner insurance rates for North Carolinians,” said Congressman Richard Hudson. “This is a big win for hardworking families in the Sandhills and across our state."

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