Flood Insurance

Ragesoss / Wikimedia Commons

Earlier this week, more than 30 people, including North Carolina NAACP President Reverend William Barber, were arrested at the State Capitol for demanding that the Republican-led legislature expand Medicaid. 

As lawmakers in Washington wrangle over exactly when and how to repeal the Affordable Care Act and replace it with something else, state-level officials are scrambling to anticipate the fallout. 

At the same time, auto insurers in the state are seeking a nearly 14% hike in rates from the North Carolina Rate Bureau which, if approved, would go into effect this fall.

The National Flood Insurance Program is working its way out of bankruptcy following Hurricanes Katrina and Sandy--but its plan involves sharp premium increases for coastal property owners. This population includes more than 17,000 North Carolinians--many of whom stand to have their flood insurance rates triple this year. Coastal community leaders are busy voicing their concern to federal and state legislators. To strengthen their argument at the federal level, leaders from communities such as Topsail Beach plan to band together across North and South Carolina’s coast.