December 15, 2015
A candidate running for North Carolina insurance commissioner was the subject of a fraud investigation by the current commissioner’s office that led to criminal charges that were ultimately dismissed. Republican Ronald Pierce filed paperwork to run. Commissioner Wayne Goodwin is …
July 16, 2013
North Carolina’s two residual homeowners insurance markets have jointly issued $500 million in pre-event catastrophe bonds to ensure they have enough money on hand to quickly pay claims following hurricanes and other named storms. The North Carolina Joint Underwriting Association …
February 13, 2013
North Carolina Gov. Pat McCrory said he does not think the state is ready to run health exchanges called for in the federal Affordable Care Act. McCrory’s office issued a statement saying the governor had reviewed the advantages and disadvantages …
March 29, 2011
Frustrated by rising home insurance rates, some North Carolina residents want a greater role in the rate approval process and state lawmakers are looking to give it to them. The North Carolina Insurance Committee is considering a bill that would …
February 22, 2011
North Carolina Insurance Commissioner Wayne Goodwin has called for a June 21 public hearing on a proposed 20.9 percent rate increase in dwelling fire and extended coverage rates after the Department of Insurance ruled that some portions of the filing …
February 4, 2011
North Carolina Insurance Commissioner Wayne Goodwin announced good news for drivers in the state after the North Carolina Rate Bureau submitted its latest rate filing calling for no change in passenger car and motorcycle policies for 2011. “This represents another …