Commissioner Wayne Goodwin News

N.C. Insurance Commissioner Candidate Faced Now-Dismissed Fraud Charges

A candidate running for North Carolina insurance commissioner was the subject of a fraud investigation by the current commissioner’s office that led to criminal charges that were ultimately dismissed. Republican Ronald Pierce filed paperwork to run. Commissioner Wayne Goodwin is …

North Carolina Residual Market Issues $500 Million in Cat Bonds; Rate Hikes Go Into Effect

North Carolina’s two residual homeowners insurance markets have jointly issued $500 million in pre-event catastrophe bonds to ensure they have enough money on hand to quickly pay claims following hurricanes and other named storms. The North Carolina Joint Underwriting Association …

North Carolina Gov. McCrory Opposes State Run Health Exchange

North Carolina Gov. Pat McCrory said he does not think the state is ready to run health exchanges called for in the federal Affordable Care Act. McCrory’s office issued a statement saying the governor had reviewed the advantages and disadvantages …

North Carolina Eyes Public Panel to Oversee Home Insurance Rates

Frustrated by rising home insurance rates, some North Carolina residents want a greater role in the rate approval process and state lawmakers are looking to give it to them. The North Carolina Insurance Committee is considering a bill that would …

North Carolina Plans Public Hearing on Dwelling Rate Hikes

North Carolina Insurance Commissioner Wayne Goodwin has called for a June 21 public hearing on a proposed 20.9 percent rate increase in dwelling fire and extended coverage rates after the Department of Insurance ruled that some portions of the filing …

North Carolina Auto Insurers: No Rate Change Necessary

North Carolina Insurance Commissioner Wayne Goodwin announced good news for drivers in the state after the North Carolina Rate Bureau submitted its latest rate filing calling for no change in passenger car and motorcycle policies for 2011. “This represents another …