February 11, 2019
In response to a filing by North Carolina insurers for a 17.4 percent rate increase in homeowners insurance rates, North Carolina Insurance Commissioner Mike Causey has set a Sept. 4, 2019 hearing date, saying he does not think the rate …
February 8, 2019
Federal prosecutors have sought more documents from the North Carolina Department of Insurance about an industry magnate who’s also donated lots of money recently to North Carolina political causes. A department spokeswoman confirmed Tuesday it received the Jan. 23 federal …
February 5, 2019
The annual auto insurance filing from the North Carolina Rate Bureau to the North Carolina Department of Insurance calls for an overall statewide average increase of 7.6 percent, according to a statement from Insurance Commissioner Mike Causey. The NCRB represents …
December 27, 2018
The North Carolina Rate Bureau (NCRB) has requested a 17.4 percent increase in homeowners’ insurance rates from the North Carolina Department of Insurance, effective Oct. 1, 2019. According to the NCDOI, the NCRB attests the increase is needed to cover …
November 5, 2018
North Carolina’s insurance commissioner said he’s handing over to the federal government a contribution that’s the subject of a citizen’s complaint alleging improper campaign giving by a leading state donor who also faces scrutiny from federal investigators. Insurance Commissioner Mike …
November 2, 2018
Hurricane Florence in North Carolina is now estimated to have caused $17 billion in damage, according to a statement from Governor Roy Cooper’s office. An Oct. 31 updated damage estimate from the North Carolina Office of State Budget and Management …
October 25, 2018
The North Carolina Rate Bureau’s 17.2 percent rate decrease filing for workers’ compensation insurance has been approved by North Carolina Insurance Commissioner Mike Causey, according to a statement from the North Carolina Department Insurance. “This rate decrease should serve as …
October 8, 2018
A federal investigation seeks documents about business operations connected to a private investment firm founder who seemingly overnight became the largest individual donor in North Carolina politics. The federal grand jury subpoena issued last month to the state Department of …
September 19, 2018
Consumer assistance centers and insurance camps have been set up in areas of North Carolina affected by Hurricane Florence, according to a statement from North Carolina Insurance Commissioner Mike Causey. “We are going in to flood-ravaged areas to assist people …
September 13, 2018
Hurricane Florence could be one of the largest storms to hit the Carolinas in decades and state insurance officials say they are ready for whatever it will bring to their regions. In interviews with Insurance Journal on Tuesday, South Carolina …