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.
A settlement has been reached by North Carolina's Insurance Department and the industry that sells homeowner policies.
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
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.
Homeowners’ insurance rates in North Carolina will increase by an average of about 15% over the next two years under a settlement Insurance Commissioner Mike Causey and the N.C. Rate Bureau ...
A settlement was reached by North Carolina's Insurance Department and the industry that sells homeowner policies.
North Carolina homeowners’ insurance base rates will rise by 15% statewide by mid-2026 under a settlement between the state Insurance Department and insurers. The deal, announced by Commissioner Mike Causey, avoids the 42.2% hike initially requested by insurers, which cited inflation, storm costs, and insufficient premium rates as factors.