NC Dept. of Insurance

North Carolina home insurers argue for 42% average premium hike

October 12, 2024 The Associated Press

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% […]

Insurance commissioner rejects ‘drastic’ homeowners’ insurance rate hike request

February 13, 2024 A.P. Dillon

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 […]

Causey rejects 42.2% homeowners’ insurance rate hike

February 6, 2024 North State Journal Staff

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,” […]

Insurance Commissioner disagrees with part of audit of volunteer fire dept. grants

May 3, 2023 A.P. Dillon

RALEIGH — A state audit of volunteer fire department grants issued by the N.C. Department of Insurance has cited problems with the way the grants were distributed. The audit included $56.2 million in grants distributed […]

Article

Insurance Commissioner averts large dwelling rate hike

February 17, 2023 A.P. Dillon

RALEIGH — A dwelling rate hike of 42.6% requested by the N.C. Rate Bureau has been negotiated down by N.C. Insurance Commissioner Mike Causey. “I am happy to announce that North Carolina homeowners will save […]

Insurance commissioner: change clocks forward, batteries in smoke alarm

March 13, 2021 North State Journal Staff

RALEIGH – When daylight saving time begins on Sunday, March 14, state insurance commissioner Mike Causey says to change batteries in household smoke and carbon monoxide alarms. Causey says with families spending more time at […]

Greg Lindberg sued by Puerto Rican insurance company

August 2, 2020 North State Journal Staff

RALEIGH — A businessman and political donor who was found guilty of attempting to bribe a state official is now the subject of a civil action surrounding an insurance company he controls. Greg Lindberg, an […]

NC Department of Insurance adds more fraud investigators

March 21, 2018 North State Journal Staff

RALEIGH — Fifteen new special agents specializing in insurance fraud were sworn into the N.C. Department of Insurance last week. Insurance Commissioner Mike Causey added the positions to double the number of team members in […]

Rate Bureau requests average 18.9 percent hike for dwelling policies

February 13, 2018 Emily Roberson

RALEIGH— The North Carolina Department of Insurance received a Dwelling insurance rate filing from the N.C. Rate Bureau on Wednesday, Feb. 7. The N.C. Rate Bureau, which is not part of the Department of Insurance, […]