North Carolina homeowners will likely see insurance rates increase over the next two years, but not by as much as the insurers had hoped.
The North Carolina Department of Insurance announced the new rates last Friday. The insurance industry says inflation and climate change are driving up costs.
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 North Carolina federal court appointed a special master team to unwind Greg Lindberg’s financial empire and reimburse his victims.
Latricha Mankins is charged with insurance fraud for allegedly submitting false unemployment claims while employed.
Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the Coastal Plain.
The North Carolina Department of Insurance has ended its legal dispute with insurance companies regarding proposed homeowners' insurance rate increases, accordi
The North Carolina Department of Insurance has announced that Buncombe and Henderson counties will see substantially lower increases than originally predicted in 2025 and 2026.
A settlement has been reached by North Carolina's Insurance Department and the industry that sells homeowner policies.
Homeowners in North Carolina will see their base insurance premiums increase by an average of 15 percent by mid-2026
Homeowners in Western North Carolina are expected to see a lower-than-expected base homeowners' insurance rate increase of nearly 9% by 2026, North Carolina Insurance Commissioner Mike Causey ...
The agreement announced Friday by Commissioner Mike Causey contrasts with the January 2024 request by the North Carolina Rate Bureau, which represents insurance companies, seeking a 42.2% overall ...