A hearing commenced in Raleigh regarding a proposed homeowners insurance rate increase of 42.2% statewide, with specific hikes ranging from 34% to 99.4% in various counties, notably 45.1% along the Outer Banks. Insurance Commissioner Mike Causey, who has previously approved 16 rate hikes without public hearings, stated that the proposal follows a moratorium lifted in January and reflects past payouts and claims projections. The request, submitted by the North Carolina Rate Bureau, has generated over 25,000 public comments, predominantly opposing the increase. Causey has faced criticism from his Democratic challenger, Natasha Marcus, who accused him of being too cozy with insurance companies and not transparent about rate increases. The hearing, expected to last weeks, will determine the fate of the proposed hikes, with a final decision required within 45 days of its conclusion. The backdrop of Hurricane Helene's devastation may influence the deliberations, especially concerning regional rate impacts.