NC Department of Insurance Press Release
Insurance Commissioner Mike Causey reminded all North Carolinians that the 2017 hurricane season is here, ending Nov. 30, and NC citizens still have time to check their insurance coverage.
“With the tragic scenes of record flooding in Texas and Louisiana from Hurricane Harvey, it is critically important that North Carolinians check their homeowners insurance policies and make sure they have proper coverage,” said Causey. “We can’t say it enough – homeowners policies do not cover flooding.”
Insurance Commissioner Mike Causey today announced the conviction of Bradley McMillian, of 11163 Rennert Road, Shannon; he was charged and convicted with 44 counts each of obtaining property by false pretense and embezzlement.
Department of Insurance criminal investigators accused McMillian of receiving $400,000 from consumers for mobile homes that were never delivered. Investigators alleged McMillian defrauded 44 victims in Robeson County and the surrounding area.
Insurance Commissioner Mike Causey and the Seniors’ Health Insurance Information Program (SHIIP) are pleased to announce a series of town hall events to educate Medicare beneficiaries on how to get the most from their Medicare benefits.
Insurance Commissioner Mike Causey today announced the arrest of Kenneth Earl Craft, Jr., 47, of 1089 Edwards Fork Road, Scotland Neck; he is charged with two counts each of fraud and obtaining property by false pretense and an agent acting without a license.
Insurance Commissioner Mike Causey today announced the arrest of David Maylon Pickett, 59, of 205 Queen St., Grifton; he is charged with eleven counts of obtaining property by false pretense and nine counts each of embezzlement and exploitation of an elder.
Department of Insurance criminal investigators accuse Pickett of deceiving elder adults to obtain funds, assets and property. Investigators allege Pickett knowingly embezzled, misapplied and converted other individual’s property for his own use.
The North Carolina Department of Insurance and the National Association of Insurance Commissioners (NAIC) today reiterated that Congress should immediately reauthorize the National Flood Insurance Program (NFIP) prior to expiration on Sept. 30. Reauthorization would help avoid short-term extensions and program lapses that create uncertainty in the insurance, housing and lending markets.
According to NC Insurance Commissioner Mike Causey, the numbers show North Carolina’s captive insurance program is continuing to grow and prosper in North Carolina’s favorable business environment.
“Our captive insurance program has made even greater strides in the last year,” said Commissioner Causey. “Businesses from all over are finding that our state’s thorough but fair regulation is a plus when it comes time to choose a jurisdiction in which to domicile a captive insurance company. The future for the captive insurance industry in our state couldn’t look brighter.”
Insurance Commissioner Mike Causey awarded the Order of the Guardian to Brenda Foss on June 30, 2017, for serving 51 years in the insurance industry in North Carolina.
“Brenda Foss has been an exemplary representative for the insurance industry for over half a century and I am so pleased to present her with the first Order of the Guardian,” said Causey. “Choosing Brenda to receive this award was easy because of her focus, attention and care for every single customer.”
Insurance Commissioner Mike Causey today announced the arrest of Eric Deandre Hall, 32, of 7011 Page St., Saratoga; he is charged with one count each of insurance fraud and attempting to obtain property by false pretense.
Department of Insurance criminal investigators accuse Hall of fraudulently claiming he was injured in an automobile accident that occurred on April 4, 2017, to receive medical payment from United Services Automobile Association. Investigators allege Hall was not in the vehicle at the time of the accident.
Insurance Commissioner Mike Causey today announced the arrest of Brenda Spruill Rascoe, 44, of 202 West Saluda Hall Road, Ahoskie; she is charged with one count each of insurance fraud and obtaining property by false pretense.
Department of Insurance criminal investigators accuse Rascoe of fraudulently claiming her vehicle caught fire with Allstate Insurance Company and obtaining a rental car that cost $899.43. Investigators allege Rascoe intentionally set the fire.
Rascoe was arrested on June 13 in Hertford County and was placed under a $2,000 bond.