Dear Supporters, I hope this message finds you well and brings a wave of optimism to your day. I'm thrilled to share some encouraging news regarding our collective effort against the proposed 42.2% increase in homeowners insurance rates in North Carolina. � Victory Announcement: The N.C. Rate Bureau's attempt to significantly hike homeowners' insurance rates was met with a strong stance from Mike Causey, our state Insurance Commissioner. In a decisive move, Commissioner Causey rejected the proposed increase on Tuesday, labeling it as "excessive and unfairly discriminatory." This decision underscores the power of our collective voice and the impact of our mobilization. Commissioner Causey's action reflects a recognition of the undue burden such an increase would have placed on us, the homeowners, echoing our shared sentiment of shock at the high rates proposed by insurance companies. �️ What's Next? A hearing has been set for 10 a.m. on October 7th to further discuss the bureau's request. This hearing represents an important next step in ensuring that any rate adjustments are fair, justified, and in line with the best interests of North Carolina's residents. � Your Voice Matters: It's important to remember that this is a temporary victory, and our continued vigilance is necessary. The Department of Insurance received over 24,000 emailed comments and numerous mailed comments and in-person statements opposing the hike. This overwhelming response undoubtedly played a crucial role in the decision-making process. � A Closer Look at the Proposed Increases: For context, the bureau sought a 36.6% rate hike for homeowners in significant areas of the Triad, marking the largest requested increase since at least 2009. This proposal stood in stark contrast to the historical approved increases, which were significantly lower. � Continued Advocacy: The N.C. Realtors association has also voiced its opposition, emphasizing the detrimental impact of such a rate hike on homeowners and potential buyers. This collective opposition is a testament to the strength of our community when we stand united. � Thank You: Your support, whether through signing the petition, submitting comments, or spreading the word, has been invaluable. Let's continue to stay engaged, participate in the upcoming hearing, and ensure our voices are heard. Together, we've achieved a significant milestone, but the journey continues. We remain committed to advocating for fair and reasonable insurance rates for all North Carolinians. Thank you for being a part of this important cause. Your involvement makes all the difference. Warm regards,