North Carolina Department of Insurance (NCDOI) News

North Carolina to Host Flood Insurance Conferences; Will Offer Agents CE Credits

The North Carolina Department of Insurance has set up five flood insurance conferences statewide between July and September designed to educate the public, insurance and real estate agents of the need to purchase flood insurance, NCDOI said in a statement. …

North Carolina Insurance Fraud Round-Up: May

The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of May 2019. Insurance fraud costs American consumers approximately $80 billion a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North Carolinians between …

North Carolina Insurance Fraud Round-Up: April

The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of April 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North Carolinians …

Future of Insurance Firms Owned by Indicted N.C. Campaign Donor Uncertain

Insurance companies owned by a big-money donor accused of trying to bribe North Carolina’s top insurance regulator for easy treatment are on the sales block and under review by at least one rating agency. Entrepreneur Greg Lindberg was indicted earlier …

North Carolina Insurance Fraud Round-Up: March

The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of March 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North Carolinians …

Former N.C. Insurance Chief Goodwin Denies Aiding Indicted Political Donor

North Carolina’s former top insurance regulator said Friday he never performed favors for a big-money donor and he relied on staff experts when his agency approved changes benefiting the businessman now charged with trying to bribe the state’s current insurance …

4 Indicted in North Carolina Insurance Commissioner Bribery Scheme

A long running investigation into illegal campaign donations to the North Carolina Insurance Commissioner has resulted in federal charges being filed against the head of the North Carolina Republican Party and a North Carolina insurance company founder. Four people in …

North Carolina Personal Auto Rates to Increase by 1.6%

The North Carolina Rate Bureau has reached a settlement with the North Carolina Department of Insurance to raise personal auto insurance rates by 1.6 percent, according to a statement by NCDOI. The NCRB, which is not a part of NCDOI …

North Carolina Insurance Fraud Round-Up: January, February

The North Carolina Department of Insurance announced multiple fraud enforcement actions during the first two months of 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North …

North Carolina Insurers Request 19% Rate Increase for Mobile Home Policies

The North Carolina Rate Bureau has filed a request to increase homeowners’ insurance rates for mobile home policies of at least 19 percent, according to the North Carolina Department of Insurance (NCDOI). The NCRB, which represents insurance companies and is …