North Carolina Insurance Commissioner Mike Causey has scheduled a 2025 hearing date after rejecting the NC Rate Bureau’s request for an 83% average rate increase in mobile home fire policies and a 50% increase in mobile home casualty rates over …
North Carolina Insurance Commissioner Mike Causey has rejected an average 42% hike in homeowners insurance rates proposed in January by the state’s rate bureau, setting the stage for a public hearing and negotiations. “Homeowners were shocked with the high amount …
The North Carolina Rate Bureau, basing its calculations on input from 197 property insurance companies, has asked for a 42% average increase in homeowners insurance rates, to take effect Aug. 1. The rate bureau’s double-digit requests in recent years have …
The North Carolina Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau on its proposed 18.7% dwelling insurance rate increase, averting a potentially costly administrative battle with insurance companies, NCDOI said in a statement. The …
The North Carolina Rate Bureau has filed a request with the North Carolina Department of Insurance to increase insurance rates for mobile home policies. The NCRB, which represents insurance companies and is not a part of NCDOI, has requested an …
The North Carolina Rate Bureau has requested an average statewide rate increase of 24.5% on homeowners insurance rates in the state, according to a statement from the North Carolina Department of Insurance. The NCRB is not part of the NCDOI …
The North Carolina Department of Insurance and the North Carolina Rate Bureau have settled a legal dispute over a proposed premium increase for homeowners insurance rates, according to a statement from NCDOI. NCDOI has also negotiated a settlement with the …
North Carolina’s Insurance Commissioner has extended the hearing scheduled for the proposed statewide average 17.4% homeowners’ insurance rate increase by one month from Sept. 4, 2019, to Oct. 2, 2019, saying he needs the additional time to review the documents …
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 …
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 …
