Topics Related to Insurance Rates

Insurance Commissioner Mike Causey will speak to the Piedmont Triad Apartment Association in Greensboro on Wednesday, Feb. 18.  He’ll address insurance rates, regulation, and other related topics.Here is Commissioner Causey’s public schedule for the day:

North Carolina Insurance Commissioner Mike Causey has set May 4, 2026, as the hearing date for the North Carolina Rate Bureau’s proposed 68.3% dwelling insurance rate increase.

The North Carolina Rate Bureau has requested an overall 68.3% statewide average rate increase for dwelling insurance policies, with the proposed implementation over a two-year period.The Rate Bureau represents the insurance companies in the state and is not a part of the N.C. Department of Insurance.

Insurance Commissioner Mike Causey today announced the approved insurance rates for the 2026 Affordable Care Act.For those in North Carolina that have individual ACA coverage, the average rate will increase by nearly 28.6% in 2026. The increases for individual insurance policies range from 16.88% to 36.4%. The increases for small group policies range from 12.66% to 17.5%

After a rash of break-ins has struck several communities across North Carolina this summer, North Carolina Insurance Commissioner Mike Causey is urging residents to take extra precautions to protect their vehicles following a recent wave of break-ins reported in multiple communities, including Lexington, Asheboro, Raleigh and Chapel Hill.

This month nearly 1.5 million students will return to classrooms across North Carolina. As bus traffic increases on our roads, Insurance Commissioner Mike Causey is reminding everyone to keep safety in mind when walking, driving or riding a bus on their way to school.

The North Carolina Department of Insurance has posted the rate changes requested by insurers for the 2026 plan year individual and small-group market plans offered under the Affordable Care Act.Posting of the requested rates is part of the rate review process required by the Centers for Medicare and Medicaid Services (CMS). Unlike some types of insurance, the NCDOI does not set rates for health insurance.

North Carolina Insurance Commissioner Mike Causey is reminding residents to be aware of changes to automobile insurance policies set to take effect today, Tuesday, July 1.

Insurance Commissioner Mike Causey today announced a settlement with the N.C. Rate Bureau on automobile insurance rates.The settlement provides for an average statewide increase of 5%. The settlement is 17.6 percentage points lower than what the Rate Bureau requested in February. The agreement also includes an average statewide 16.3% decrease in motorcycle liability insurance rates.

The Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau over the Rate Bureau’s proposed rate increase for Mobile Home Fire (MH-F) polices and Mobile Home Casualty (MH-C) policies.The settlement between the Department of Insurance and Rate Bureau calls for a statewide average increase of 11% per year over the next two years for MH-F policies and a statewide average increase of 8% for MH-C policies per year over the next two years.