Topics Related to NCDOI

NC Department of Insurance Press Release

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. As a result, state leaders and law enforcement are encouraging motorists to brush up on the school bus safety law to keep students safe, avoid accidents and avert insurance penalties. 
North Carolina Insurance Commissioner Mike Causey today announced the arrests of Ryan Neal Frye and Kaci Leigh Ferrell, both of 937 Patriots Pointe, Hillsborough. Both were charged with felony insurance fraud.
North Carolina Insurance Commissioner Mike Causey today announced the arrest of Shantesha Peoples, 29, 209 Beech St., Greenville. Peoples is charged with insurance fraud and an attempt to obtain property by false pretense, both felonies.
After a busy Monday night of severe thunderstorms brought downed trees and left thousands without power across the state, North Carolina Insurance Commissioner Mike Causey is providing helpful tips to residents on what to do after a storm.Even though the storm has passed, there are other dangers to watch out for such as downed power lines, ruptured gas lines, standing flood water, fallen trees and damaged structures. 
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.The announcement will take place at 10 a.m. at the Gastonia Fire Department, 260 N. Myrtle School Rd. Gastonia, N.C. 28052.
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.FHP-NC policyholders must choose a new exchange health insurance plan by Aug. 31 to avoid a gap in health insurance coverage.
North Carolina Insurance Commissioner Mike Causey today announced that Seniors’ Health Insurance Information Program (SHIIP) Director Melinda Munden has been named as the co-recipient of the first annual Mike Klug Award.The award was given during the U.S. Administration for Community Living (ACL) Office of Healthcare Information and Counseling’s (OHIC) 2023 SMP/SHIP/MIPPA National Conference held in Bethesda, MD, on July 27.
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 Rate Bureau filed the proposed increase with the Department of Insurance on July 13. The request would take effect on June 1, 2024.