April 1, 2019
The North Carolina Rate Bureau has reached a settlement with the North Carolina Department of Insurance to raise personal auto insurance rates by 1.6 percent, according to a statement by NCDOI. The NCRB, which is not a part of NCDOI …
February 5, 2019
The annual auto insurance filing from the North Carolina Rate Bureau to the North Carolina Department of Insurance calls for an overall statewide average increase of 7.6 percent, according to a statement from Insurance Commissioner Mike Causey. The NCRB represents …
June 28, 2018
The North Carolina Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau on its proposal for an 18.9 percent dwelling insurance rate increase and instead reached a settlement that will increase rates by an average …
February 9, 2018
The North Carolina Rate Bureau (NCRB) has requested a statewide average rate increase of 18.9 percent, varying by territory, on dwelling insurance policies, according to a statement from the North Carolina Department of Insurance. The dwelling insurance rate filing was …
January 8, 2018
The Commissioner of Insurance for North Carolina says a recent rate increase of 18.7 percent proposed by North Carolina insurers is unwarranted and has set a hearing date for later this year to resolve the matter. “We are not in …
June 19, 2017
North Carolina’s insurance regulator says he’s reached a deal with auto insurers for a premium increase of just over 2 percent instead of the nearly 14 percent average increase companies sought in February. The state Insurance Department said Thursday the …
March 27, 2017
The North Carolina Rate Bureau’s request for an auto rate hike of 13.8 percent is not justified based on the data submitted, according to a statement from the North Carolina Department of Insurance. The decision, made by Commissioner Mike Causey …
February 6, 2017
The North Carolina Rate Bureau (NCRB) is requesting an average increase of 13.8 percent on private passenger automobile insurance rates in its latest filing with the North Carolina Department of Insurance (NCDOI). NCRB files rates on behalf of all insurance …
January 20, 2017
The North Carolina Rate Bureau is alerting all member companies that it has withdrawn its request for a 19.6 percent rate increase on dwelling policies due to a data error on its Dwelling Policy Program revisions announced in April, 2016. …
December 2, 2016
The North Carolina Rate Bureau (NCRB) has requested a 19.6 percent rate increase on all dwelling insurance policies, according to a statement from the North Carolina Department of Insurance. NCDOI announced Dec. 1 it is reviewing NCRB’s Nov. 30 rate …