North Carolina
North Carolina insurance commissioner says no to industry plan that could double rates at coast
RALEIGH, N.C. (AP) — North Carolina’s top insurance regulator has denied an industry request to raise homeowners’ insurance premiums by an average of 42% — and to almost double them in coastal counties — saying Tuesday that “almost nobody” who weighed in agreed with the proposed increase.
Insurance Commissioner Mike Causey also said he set a hearing for October to evaluate the request and determine what is reasonable.
“I just want to announce today that I said no,” Causey said at the meeting of the Council of State, composed of 10 statewide elected executive branch positions.
Causey, who is in his second term and faces two challengers in the March 5 Republican primary, said he and the department received more than 25,000 emails, phone calls and letters about the proposal during the public comment period that ended Friday, and “almost nobody was in favor of it.”
“People said that they were struggling with the higher cost of groceries and fuel, taxes have gone up in their localities,” Causey told reporters after the meeting. “So I heard loud and clear what the public said.”
The North Carolina Rate Bureau, a state-created entity representing insurance companies, has attributed the requested increase to rising costs of building materials and more intense storms due to climate change while people continue to build in vulnerable areas along the coast.
The average increases sought by the bureau range from just over 4% in parts of the mountains to 99% in the beach areas within Brunswick, Carteret, New Hanover, Onslow and Pender counties. Proposed increases in the state’s largest cities in the Piedmont were roughly 40%.
Causey said he also empathizes with the homeowners’ insurance industry. He said one insurance agent told him that $112 in claims were being issued for every $100 in premiums taken in. But he said the industry must do more to tighten its belt and address insurance fraud.
“I’m willing to listen if they want to come back with some numbers that are more reasonable to the people, because the majority of people can’t stand this,” Causey said.
Causey said he’ll preside over an evidentiary hearing starting Oct. 7, and if he finds the proposed rates excessive, he can then issue an order that sets new rates. That order could be appealed, and a pre-hearing settlement is possible. During the last round on homeowners’ policies, the bureau sought an overall average increase of 24.5% before a November 2021 settlement resulted in a 7.9% average increase.
A man once given the nickname Cardiac Kemba due to his heart-stopping heroics at the University of Connecticut, Kemba Walker is back to breathe life into the 704’s youth basketball community.
The Charlotte Hornets’ legend officially opened the Kemba Walker Sports Academy in Concord, North Carolina this afternoon, a multi-sport facility just north of Charlotte that’s mission is “to provide a safe, fun, and inclusive environment for athletes to learn, grow, excel and compete.”
At a ceremony to celebrate the grand opening of the 54,000 square foot facility, Walker took some time to answer questions from assembled media about his latest venture that was created with community in mind.
“It’s really bigger than, you know, basketball,” said the Hornets’ all-time leading scorer this afternoon when talking about the academy. “We want the kids to have some discipline and really teach them how to work hard you know? That’s what we’re chasing. We’re chasing something that’s much bigger than the actual sport.”
It’s a bold vision, and one that Walker has dreamed of fulfilling since he was a kid suiting up for his childhood AAU program, the New York Gauchos.
“(The Gauchos’ facility) is probably not quite like this. It’s not as big as this. But that was my safe space, you know? That was the place I was able to go to, to enjoy the game of basketball and meet some of my closest friends that I still have to this day who actually run this place.”
Walker has been a pillar of the grassroots basketball community in Charlotte since he was a baby-faced, 20-something-year-old suiting up for the Bobcats. And even though he spent some time playing elsewhere in his professional basketball career, the four-time All-Star has considered the Queen City his domain since draft night.
“I never left, first of all” said Walker when asked about returning to the Hornets as an assistant coach and being able to now give back to the community that embraced him with open arms when he was drafted in 2011. “Obviously, I went to a couple of different teams and, you know, my path took me to a couple of different places, but I always kept my house here, and my family was always here, and whenever I had time in the summer, something like that, I was always here.”
“But it is amazing to be back. I love Charlotte.”
And Charlotte loves him back.
Walker stamped his name in the franchise record books with a successful career on the court, but he forever endeared himself into the community by embracing the basketball-crazed city he didn’t have a single tie to until he was drafted there.
The Kemba Walker Sports Academy will host its first grassroots basketball event this weekend, the Kemba Walker Invitational, where AAU teams from across the country (including Walker’s own New York Gauchos) will convene in Concord to christen the facility.
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ASHEVILLE, N.C. (WLOS) — Home sales in western North Carolina have increased since last year, according to the latest report from a realtor group.
Canopy MLS, a subsidiary of the Canopy Realtor Association, reports that May home sales across the four-county Asheville area (Buncombe, Haywood, Henderson, and Madison counties) reflected a spring market that remains “active and competitive.”
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A total of 592 homes closed in May, representing a 6.3 percent increase compared to May 2025 and a 2.1 percent gain over April, the report said. Buyer demand continued to strengthen, with pending sales, a leading indicator of future closings, surging 22.4 percent year over year as 728 properties went under contract during the month.
“The strength of buyer demand in May is encouraging and reflects continued confidence in the Asheville region as a place to live, work and invest,” said Dave Noyes, a Realtor/Designated Managing Broker with eXp Realty and Canopy MLS Board of Director, in a news release. “
ASHEVILLE HOUSING MARKET SHOWS STEADY STRENGTH AS INVENTORY RISES ACROSS REGION
Contract activity also increased 7.1 percent compared to April, signaling that buyers remained engaged despite mortgage rates averaging approximately 6.5 percent throughout May, the report said.
“Buyers are adapting to today’s mortgage rates and taking advantage of the increased inventory we’ve seen over the past year. Although fewer new listings came onto the market in May, homes continue to attract strong interest, which is helping maintain a healthy balance between supply and demand as we head into the summer months,” Noyes said.
While buyer activity increased , new listing activity moderated. Sellers introduced 1,165 homes to the market in May, a 6.7 percent decline compared to the same month last year and a 7.7 percent decrease from April. Even so, the region’s inventory of homes for sale continued to expand, rising 3.2 percent year over year to 3,092 properties at report time. Months of supply, however, declined from six months in May 2025 to 5.4 months this past May, suggesting that the pace of buyer demand is absorbing available inventory faster than new listings are being added.
The report said that although buyers have more choices than a year ago, the market remains relatively balanced, with strong contract activity continuing to support overall sales momentum.
AVERY COUNTY, N.C. (WLOS) — Former Madison County Sheriff’s Chief Deputy Bronis Coy Phillips was processed on Thursday, June 25, in a North Carolina county, according to court documents.
The warrants were served in Avery County on behalf of Madison County. He is now being held without bond, according to the court paperwork.
SBI ARRESTS FORMER MADISON CO. CHIEF DEPUTY FOR CRIMINAL ACTIVITY INVOLVING INMATES, STAFF
The North Carolina State Bureau of Investigation announced that Phillips was arrested on June 14 in Maricopa County, Arizona. He’s expected to face charges in N.C., as News 13 previously reported.
According to court records, Phillips faces multiple felony charges, including:
- Furnishing controlled substances to inmates
- Furnishing deadly weapons to inmates
- Involuntary servitude
- Two counts of assault with a firearm on a detention facility employee
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He was also charged with two misdemeanors:
- Furnishing alcoholic beverages to inmates
- Furnishing tobacco products to inmates
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The NCSBI said the charges stem from an investigation into alleged criminal activity involving inmates and detention facility staff.
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