Tuesday, June 30, 2009

 

Beach insurance plan still causing headaches in N.C. House

North Carolina legislators continue to look for ways to fix the beach insurance plan for coastal homeowners before another hurricane season passes.

The House Insurance Committee meets Tuesday to discuss possible changes to the plan. Solutions include cutting the beach plan’s coverage and raising its prices. The bill also calls for capping insurers’ risks from a catastrophe and shifting remaining rebuilding costs to all North Carolina policy holders...

News 14: Beach insurance plan still causing headaches in N.C. House

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