North Carolina's Insurance Commissioner Mike Causey has negotiated a settlement reducing a proposed homeowners' insurance rate hike from 42.2% to a series of 7.5% increases over two years.
Base rates for North Carolina homeowners' insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry. The agreement announced Friday by state Insurance Commissioner Mike Causey contrasts with the January 2024 request by the North
The North Carolina Department of Insurance has ended its legal dispute with insurance companies regarding proposed homeowners' insurance rate increases, accordi
Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the Coastal Plain.
NC's Insurance Commissioner Mike Causey announces a Medicare Advantage Plan reassessment period until March 31.
Mike Causey advises North Carolinians on winter safety at home and on the road amidst cold weather and potential hazards.
Insurance Commissioner Mike Causey says that its legal proceedings with the N.C. Rate Bureau, which represents homeowners insurance companies in the state, has ended.
Insurance Commissioner Mike Causey announced today that the North Carolina Department of Insurance has ended its legal dispute with
While officials leading the efforts like Insurance Commissioner Mike Causey are calling it a big win, homeowners say they’re anticipating the financial pain.
After two spells of snow flurries around central North Carolina, many are preparing for another round to come this weekend.
Insurance “nonrenewal” rates have been climbing nationwide. They’ve hit climate-sensitive areas including Florida, Louisiana, North Carolina and California.
The beach areas in Brunswick, New Hanover, and Pender Counties will see a 16% increase on June 1, 2025, and a 15.9% increase on June 1, 2026.