Topics Related to Insurance Rates

North Carolina Insurance Commissioner Mike Causey has continued the hearing for the insurance industry’s proposed statewide average 50.6% dwelling insurance rate increase to July 22. The hearing had been scheduled for Monday, April 8.

North Carolina Insurance Commissioner Mike Causey today said “No” to the insurance companies’ average 42.2% proposed increase in homeowners’ insurance rates. 

North Carolina Commissioner of Insurance Mike Causey has issued the following statement to clear up any confusion regarding the recent filing made by insurance companies:

Insurance Commissioner Mike Causey made a broadcast quality video to address questions regarding the North Carolina Rate Bureau's request for a statewide average increase of 42.2% in homeowners' insurance rates.

North Carolina Insurance Commissioner Mike Causey has set April 8, 2024 as the hearing date for the North Carolina Rate Bureau’s proposed 50.6% dwelling insurance rate increase. 

North Carolina Insurance Commissioner Mike Causey is reminding customers of Friday Health Plans of North Carolina, Inc. (FHP-NC) that they have until the end of the day on Thursday, Aug. 31 to choose a new health insurance plan.

This month, as nearly 1.5 million students return to classrooms across North Carolina, Insurance Commissioner Mike Causey, who also serves as Chair of Safe Kids N.C., is reminding everyone to keep safety in mind when walking, driving, or riding the bus to school.

As students return to classrooms across North Carolina, there will be a higher concentration of commuters-especially children-who travel by bus, motor vehicle, bicycle or walk along the roadways.

Insurance Commissioner Mike Causey today announced a settlement with the N.C. Rate Bureau on automobile insurance rates. The settlement is about two-thirds less than the insurance companies had requested. 

North Carolina Insurance Commissioner Mike Causey, who also serves as the State Fire Marshal, will announce a new insurance rating for the Gastonia Fire Department on Tuesday, Aug 8.