After SPIN!-What should NC do about rising homeowners insurance rates?

After SPON! - Question to John Hood and Chris Fitzsimon – Damaging storms and severe weather created major damage in our state and insurance claims surged. Insurance companies are requesting a 24.5 percent average increase in homeowners’ insurance as a result. In the middle of a pandemic, with so many out of work Insurance Commmissioner Mike Causey is faced with negotiating a settlement at a lower rate. What should he do? Is there an acceptable increase? What happens if homeowners have their insurance canceled.