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RandySF

(70,614 posts)
Fri Oct 4, 2024, 04:52 AM Oct 4

NC-INS: As Helene's devastation mounts, insurance commissioner candidates meet in debate

For years, the race for North Carolina’s insurance commissioner operated mostly under the radar.

Not anymore.

As billion-dollar-loss events become more common — like this week’s “biblical devastation” in western North Carolina from the remnants of Hurricane Helene — premiums are skyrocketing. Denied claims and nonrenewals are also on the rise. The role of overseeing these markets is suddenly more critical than ever, and voters are paying attention.

Two-term Republican commissioner Mike Causey is up for reelection on Nov. 5. (North Carolina is one of 11 states that elect their commissioners. The rest appoint them.)

His challenger, Natasha Marcus, a Democrat, is a three-term state senator from Mecklenburg County.




https://www.newsobserver.com/news/politics-government/election/article293367509.html#storylink=cpy

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