Topics Related to Insurance Rates

Insurance Commissioner Mike Causey announced today that Friday Health Plans of North Carolina Inc. (FHP-NC) was placed into receivership, effective July 16, to protect North Carolina policyholders. Liquidation of FHP-NC will occur Sept. 1.

The North Carolina Rate Bureau has requested a 50.6% statewide average rate increase for dwelling policies.

The Rate Bureau represents the insurance companies in the state and is not a part of the N.C. Department of Insurance.

The N.C.

North Carolina Insurance Commissioner Mike Causey has set Oct. 16 as the hearing date for the North Carolina Rate Bureau’s proposed 28.4% auto insurance rate increase.

North Carolina Insurance Commissioner Mike Causey, who also serves as the State Fire Marshal, will announce the new insura

North Carolina Insurance Commissioner Mike Causey, who also serves as the State Fire Marshal, will announce a new insurance rating for the Hendersonville Fire Department in Henderson County on Thursday, April 6.

North Carolina Insurance Commissioner Mike Causey, who also serves as the State Fire Marshal, will announce a new insurance rating for the Kill Devil Hills Fire Department in Dare County on Wednesday, April 5.

Insurance Commissioner Mike Causey today announced that the North Carolina Rate Bureau has submitted a rate filing with the N.C. Department of Insurance, requesting an increase for auto policies.

The N.C. Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau regarding the bureau's proposed  42.6% dwelling rate increase, averting a potentially costly administrative battle with insurance companies. 

The North Carolina Rate Bureau has filed a request with the N.C. Department of Insurance to increase insurance rates for mobile home policies.