Current Issues

State Insurance Ruling Generates Sigh of Relief from Homeowners

Coastal homeowners applauded the ruling by North Carolina Insurance Commissioner Wayne Goodwin to deny the excessive rate increase in homeowners’ insurance premiums that had been requested by the North Carolina Rate Bureau in 2014. Almost all of Carteret County was targeted for a 35 percent rate increase, but following an extensive public hearing, Goodwin determined … read more

Chamber Leaders Oppose Sales Tax Redistribution Plan

The Chamber’s Executive Committee opposes the sales tax redistribution plan that would reduce revenues over time to Carteret County and its municipalities. Board Chair Dr. Kerry Youngblood and President Mike Wagoner signed a letter July 21 addressed to Senator Norman Sanderson and Representative Pat McElraft, which stated the Chamber’s position. Here is the abridged text … read more

Congress Is Talking about US 70 As ‘Future Interstate’ Highway

The U.S. Senate voted July 30 to approve the “Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act” (S. 1647). North Carolina’s U.S. Senators Richard Burr and Thom Tillis (both Republicans) are applauding the inclusion of US 70 in the legislation. This could pave the way for US 70 to become a future … read more