Topics Related to Insurance Rates

Approved rates for the 2027 Affordable Care Act policies have been released.

For those in North Carolina who have individual ACA coverage, increases in premiums will range from 8.35% to 27.36%. Increases for small group policies will range from 18.78% to 19.54%.

Open enrollment for 2027 ACA policies runs from Nov. 1, 2026, to Jan. 15, 2027. Signing up by Dec. 15, 2026, ensures your coverage will begin on Jan. 1, 2027. Coverage for those signing up after Dec. 15, 2026, will begin on Feb. 1, 2027.

Insurance Commissioner Mike Causey today announced that he has appointed Jessica Price as senior deputy commissioner of the Company Services Group at the Department of Insurance.

The Company Services Group includes the Department’s Financial Analysis Division, Financial Examination Division, and Financial Oversight and Special Entities Division.

Insurance Commissioner Mike Causey today announced that the N.C. Department of Insurance has settled a dwelling rate case with North Carolina insurance companies.

Commissioner Causey negotiated an average statewide increase of 5% per year over the next two years. 

The N.C. Rate Bureau, which is not a part of the N.C. Department of Insurance and represents property and casualty insurance companies writing premiums in North Carolina, had requested a statewide overall increase of 68.3% over a two-year period. The Rate Bureau filed its requested increase on Oct. 30, 2025.

Insurance Commissioner Mike Causey joined other traffic safety advocates Tuesday afternoon to highlight the dangers of distracted driving at a news conference at Pearl Street Park in Charlotte. 

“You might think glancing at your phone for a few seconds isn’t a big deal while driving, but those few seconds can lead to a lifetime of consequences,” Commissioner Causey said.

Insurance Commissioner Mike Causey has rescheduled the hearing for the insurance industry’s proposed statewide average 68.3% dwelling insurance rate increase to July 6. The hearing had been scheduled for May 4.

“The Department of Insurance and the N.C. Rate Bureau have made progress in reaching a settlement,” Commissioner Causey said. “More time is needed to work out the details of a settlement.”

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.