North Carolina Commissioner Wayne Goodwin News

North Carolina Approves 7% Home Insurance Rate Increase

North Carolina’s top state insurance regulator has signed an agreement allowing companies to raise homeowner’s insurance policies by a statewide average of 7 percent a year starting in July. Insurance Commissioner Wayne Goodwin agreed to a rate increase for less …

Exclusive Interview: North Carolina Commissioner Goodwin on Home, Auto Markets

Recently re-elected North Carolina Insurance Commissioner Wayne Goodwin is more focused on reform of the state’s homeowners insurance market than he is on auto insurance. As was the case four years ago when he first assumed office, Goodwin sees the …

North Carolina Reaches $1.6 Million Rebate Settlement with Insurers

North Carolina Insurance Commissioner Wayne Goodwin announced an agreement with two insurers that will result in consumers receiving $1.6 million in refunds. American Modern Home Insurance Co. and its affiliate American Family Home Insurance Co. have agreed to pay the …

North Carolina Approves 13.2% Dwelling Fire, Extended Coverage Rate Hike

North Carolina Insurance Commissioner Wayne Goodwin and insurance companies have come to an agreement that allows for a statewide average increase of 13.2 percent for dwelling fire and extended coverage policies, spread over a three-year period. Insurers, represented by the …

North Carolina Re-Elects Goodwin as Insurance Commissioner

North Carolina’s incumbent insurance commissioner, Democrat Wayne Goodwin, beat back a challenge by Republican Mike Causey of Greensboro to keep his job. Goodwin won 51.8 percent of the 4.3 million votes cast in the contest; Causey garnered 48.1 percent. Causey, …

North Carolina Regulator Calls for Hearing, Delay on Home Insurance Rates

Two weeks ahead of an election deciding whether he keeps his job, North Carolina’s insurance commissioner told companies they’ll have to prove they should be allowed to increase homeowner’s premiums by a statewide average of 17.7 percent. The move by …

North Carolina Elections Board to Weigh Insurance Commissioner Campaign Complaint

State Board of Elections officials likely will use a less severe method to consider campaign finance accusations made by North Carolina Insurance Commissioner Wayne Goodwin against Republican challenger Mike Causey. Elections director Gary Bartlett told The News & Observer of …

Republican Causey To Run for North Carolina Insurance Commissioner Post

A three-time candidate for North Carolina insurance commissioner said he’s running again for the job. Republican Mike Causey kicked off his campaign in Dare County to draw attention to challenges facing coastal property owners. Causey is a small business owner …

North Carolina Cuts Dwelling Fire Rates; No Changes in Extended Coverage

Residents in North Carolina will see a rate decrease when it comes to their dwelling fire coverage while at the same time seeing no change in the cost of their dwelling extended coverage. North Carolina Insurance Commissioner Wayne Goodwin has …