This story has been the hot topic of the news media of late. In case you missed it or maybe your not a resident of North Carolina, the NC Beach plan is deemed to be underfunded. And should a major hurricane strike the coast of North Carolina, insurance companies and property owners along the coast could be in deep financial trouble. One of the ideas being batted about is to increase homeowner insurance rates statewide to build the kitty.

The NC Beach Plan

Read the rest of this entry