Avery Ellfeldt

The race for North Carolina insurance commissioner is a hot topic following Hurricane Helene and a proposal to double some premiums.

Insurance companies buy coverage to protect themselves against financial losses. Higher costs for those corporate policies could hit homeowners.

Some counties could see as much as a 99 percent premium hike. The debate comes less than two weeks after Hurricane Helene devastated the state.

Only 2 percent of households in flooded parts of Georgia, North Carolina and South Carolina can get insurance payments.

SBA loans for disaster repairs far exceed FEMA aid, improve households’ financial stability and avoid “debt spiral,” Chicago Fed finds.

A new report shows that larger distances between houses spared some from destruction.

Under a new state program, property insurers must provide discounts for home wildfire mitigation. But some discounts are miniscule.

They oppose banking regulators' membership in the Network for Greening the Financial System.

European banks see financial benefits in lower-carbon companies.

Damage from hailstorms accounted for nearly 12 percent of comprehensive auto claims in 2023.