RALEIGH — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry. The agreement […]
RALEIGH — Following the November election, there were party seat shifts in both chambers of the General Assembly as well as at the Council of State. Heading into 2025, Senate Leader Phil Berger (R-Eden) and […]
RALEIGH — Incumbent Republican Commissioner of Insurance Mike Causey has been reelected. The 74-year-old Causey has worked in the insurance industry for 25 years and will head to a third term as insurance commissioner. While results […]
RALEIGH — With many western North Carolina residents still lacking power and running water from Hurricane Helene, a hearing began Monday on the insurance industry’s request to raise homeowner premiums statewide by more than 42% […]
RALEIGH — North Carolina Insurance Commissioner Mike Causey negotiated a lower dwelling rate hike after a much larger request from insurers. Last August, the N.C. Rate Bureau requested a 50.6% rate increase for dwelling policies […]
BOISE, Idaho — Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news — their property insurance won’t be renewed because their insurance company has […]
RALEIGH — The North Carolina Council of State primaries on March 5 yielded two races that will head to a runoff in May, a couple of blowouts and one upset. The Council of State consists […]
RALEIGH — The N.C. Rate Bureau’s proposed statewide rate hike of 42.2% for homeowners insurance was rejected by North Carolina Insurance Commissioner Mike Causey on Feb. 6. “I haven’t seen the evidence to justify such a […]
RALEIGH — North Carolina Insurance Commissioner Mike Causey on Tuesday afternoon said rejected the proposed increase in homeowners’ insurance rates “I haven’t seen the evidence to justify such a drastic rate increase on North Carolina consumers,” […]
RALEIGH — At a hearing held on Monday, Dec. 11, state lawmakers on the House Oversight and Reform Committee heard the pros and cons regarding changes to state auto insurance regulations that could potentially lower premiums for drivers. […]
© 2022 — North State Media LLC