Shutdown Impacts, Rainy-Day Fund Shrinks, Causey Warns of Scams
As the federal government shutdown nears the one-month mark, North Carolina continues to feel widespread impacts — from delayed projects to federal employee furloughs. The state’s rainy-day fund has declined, dropping North Carolina in national financial rankings, according to a new report. Insurance Commissioner Mike Causey discussed how global weather events are influencing homeowners insurance rates, the North Carolina Rate Bureau’s ongoing work, and how residents — especially in western counties — can avoid falling victim to insurance scams.
