April 9, 2019
The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of March 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North Carolinians …
April 8, 2019
North Carolina’s former top insurance regulator said Friday he never performed favors for a big-money donor and he relied on staff experts when his agency approved changes benefiting the businessman now charged with trying to bribe the state’s current insurance …
April 4, 2019
A long running investigation into illegal campaign donations to the North Carolina Insurance Commissioner has resulted in federal charges being filed against the head of the North Carolina Republican Party and a North Carolina insurance company founder. Four people in …
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 …
March 13, 2019
The North Carolina Department of Insurance announced multiple fraud enforcement actions during the first two months of 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North …
February 19, 2019
The North Carolina Rate Bureau has filed a request to increase homeowners’ insurance rates for mobile home policies of at least 19 percent, according to the North Carolina Department of Insurance (NCDOI). The NCRB, which represents insurance companies and is …
February 11, 2019
In response to a filing by North Carolina insurers for a 17.4 percent rate increase in homeowners insurance rates, North Carolina Insurance Commissioner Mike Causey has set a Sept. 4, 2019 hearing date, saying he does not think the rate …
February 8, 2019
Federal prosecutors have sought more documents from the North Carolina Department of Insurance about an industry magnate who’s also donated lots of money recently to North Carolina political causes. A department spokeswoman confirmed Tuesday it received the Jan. 23 federal …
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 …
December 27, 2018
The North Carolina Rate Bureau (NCRB) has requested a 17.4 percent increase in homeowners’ insurance rates from the North Carolina Department of Insurance, effective Oct. 1, 2019. According to the NCDOI, the NCRB attests the increase is needed to cover …