January 31, 2013
North Carolina’s Insurance Commissioner Wayne Goodwin announced that the state’s insurance department saved or recovered more than $26 million for North Carolinians in 2012. “The Department of Insurance is committed to fighting fraud, assisting North Carolinians with insurance questions or …
November 7, 2012
North Carolina’s incumbent insurance commissioner, Democrat Wayne Goodwin, beat back a challenge by Republican Mike Causey of Greensboro to keep his job. Goodwin won 51.8 percent of the 4.3 million votes cast in the contest; Causey garnered 48.1 percent. Causey, …
April 16, 2012
North Carolina lawmakers have decided to postpone any major effort to reform the state’s automobile insurance market until next year citing the complexity of the subject and a lack of time due to a shorten legislative session. The Automotive Insurance …
December 27, 2011
Is it more important to keep overall car insurance premiums low, or to make sure everyone’s paying what they deserve? North Carolina legislators once again examining the unique rate-setting system for the state’s roughly 7 million insured personal vehicles will …
June 28, 2011
North Carolina residents insured by two companies are going to receive refunds totaling more than $1 million after state regulators found they overcharged their personal lines policyholders. SAFECO Insurance Co. of America and American States Preferred Insurance Co. have issued …
February 4, 2011
The North Carolina Department of Insurance said that more than 800 people have submitted either written comments or public testimony on the industry’s request for a statewide increase averaging 20.9 percent in dwelling fire and extended coverage policies. The comments …
January 24, 2011
North Carolina Insurance Commissioner Wayne Goodwin has announced a settlement agreement that calls for the North Carolina Insurance Underwriting Association, known as the Beach Plan, to reverse the more than $16 million it made to member companies in 2009. The …