North Carolina automobile insurance rates to increase under new agreement between regulators, insurers

North Carolina’s automobile insurance rates will grow on average by 4.5% annually both later this year and next as part of a settlement reached between insurance companies and state regulators. Insurance Commissioner Mike Causey announced on Tuesday the agreement, which alleviates the need for a rate hearing later this year before Causey and potentially an…

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Why orange juice futures are spiking

New York CNN  —  Orange juice futures are hitting record highs because of bad weather and a nasty citrus disease. That could mean higher prices at the grocery store. In recent weeks, prices in the OJ futures market have topped $3 per pound. Around this time last year, prices were hovering at around $1.81 per…

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