One of Senate’s Leaders Talks Insurance Reform

At a March 25 constituent forum in Clayton hosted by the Homeowners Alliance, Senator Brent Jackson (R-Sampson) stressed the need to make property insurance rates more fair and transparent.

Senator Jackson is a co-sponsor of the Property Insurance Fairness Act. His bi-partisan legislation increases the transparency of insurance rate setting. The legislation also better protects our state against the consequences of natural disasters.

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Finance Committee Chairman Wants to Protect Mortgage Deduction

At a March 26 constituent forum hosted by the North Carolina Homeowners Alliance, Representative Jason Saine (R-Lincoln) let the audience know he supports the mortgage interest tax deduction.

This is a great development for homeowners. Rep. Saine is co-chairman of the House Finance Committee, so all tax legislation has to pass through his committee. There are still some legislators who want to eliminate the mortgage interest deduction, so we need strong champions like Rep. Saine.

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More legislators want to protect insurance consumers

Not long ago, we told you about major legislation that would help protect property insurance consumers and bring more transparency to the ratemaking process.

Now, Senator Michael Lee (R-New Hanover) and several other senators have filed legislation that would fully close a legal loophole that forces homeowners to pay higher premiums or risk cancellation of their policy.

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