North Carolina Department of Insurance (NCDOI) News

North Carolina Commissioner Settles Mobile Home Rate Increase at 11%

North Carolina Insurance Mike Causey said Tuesday that he had negotiated a lower average rate increase for mobile home policies than the North Carolina Rate Bureau had asked for. “I am happy to announce that North Carolina mobile homeowners will …

NC Insurance Commissioner to be Released From Hospital After Heart Surgery

In his previous, dual role as state fire marshal, North Carolina Insurance Commissioner often championed the work of firefighters in the state. In 2023, while highlighting the health problems that firemen often face and the need for health screenings, Causey …

North Carolina Insurance Agent Charged With Forgery, ID Theft on Life Insurance Policy

A North Carolina insurance agent is awaiting a court appearance next week after he was charged with fraudulently taking out a life insurance policy with Southern Farm Bureau Life Insurance Co. The North Carolina Department of Insurance said that Matthew …

North Carolina Insurance Chief Reports Arrests in Deer, Storm Claims

A Charlotte man has been arrested on a felony charge of insurance fraud for allegedly falsely claiming to an insurer that his car was hit by a deer, according to North Carolina Insurance Commissioner Mike Causey. Causey’s Department of Insurance’s …

North Carolina School Principal Charged With Pet Insurance Fraud

A North Carolina elementary school principal and a Cape Hatteras man were arrested last week and charged with insurance fraud after authorities said they attempted to make false claims to their insurance companies. Robert Grayson Dail, 35, of Gibsonville, principal …

Former North Carolina Volunteer Fire Chief Charged with Embezzling $155,300

A former volunteer fire chief in North Carolina has been charged with embezzling almost $155,300 from his department by falsifying time sheets. State Insurance Commissioner Mike Causey said in a statement that Brian Jason Edwards, 49, of Granite Falls, was …

NC DOI Arrives at 4.5% Increase in Auto Rates for Next Two Years, 9.9% on Dwelling

North Carolina’s insurance commissioner has negotiated a smaller increase on auto insurance rates than the state’s rating agency had requested. The North Carolina Rate Bureau in February requested an average increase of 28.4% for private passenger auto insurance and a …

Lindberg Claims Buyer for Carolina Insurance Companies, But Liquidation Has Begun

North Carolina insurance executive and reported billionaire Greg Lindberg, now awaiting a second trial on bribery charges, says he has a buyer for his troubled insurance companies. But state regulators point out that liquidation proceedings have already begun. As of …

North Carolina Insurance Dept. Warns of Door-to-Door Insurance Scams

North Carolina Insurance Commissioner Mike Causey is warning people to be on alert for insurance scams after the North Carolina Department of Insurance received a report of scam artists going door-to-door claiming to be from department. In a statement, NCDOI …

North Carolina Dwelling Rates to Increase by 7.6%; Mobile Home Request in Dispute

The North Carolina Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau on its proposed 18.7% dwelling insurance rate increase, averting a potentially costly administrative battle with insurance companies, NCDOI said in a statement. The …