North Carolina Department of Insurance (NCDOI) News

5 Children Killed in North Carolina Apartment Fire

Officials say five children have died from injuries in a weekend fire in North Carolina. Two children died Saturday after the blaze at a Greensboro apartment. A nursing supervisor at Wake Forest Baptist Medical Center told local media three children …

North Carolina Volunteer Fire Chief Charged With Insurance Fraud, Embezzlement

A suspended North Carolina volunteer fire chief has been arrested on felony insurance fraud and embezzlement charges, according to a statement from the North Carolina Department of Insurance. Kenan Wayne Kearney, 44, of Four Oaks in Johnston County was arrested …

North Carolina Homeowners Insurers Agree to 4.8% Rate Increase

The North Carolina Department of Insurance has reached a settlement with the North Carolina Rate Bureau on homeowner insurance rates that will increase rates statewide by an average of 4.8 percent. The agreement between the two parties effectively ends the …

North Carolina Touts Growth of 5-Year-Old Captive Insurance Program

North Carolina’s captive insurance company program, now in its fifth year of operation, has established itself as a leading domicile for captive insurance companies, according to a statement from North Carolina Insurance Commissioner Mike Causey. The North Carolina Captive Insurance …

North Carolina Insurance Department Expands Fraud Division, Adds 15 Agents

The North Carolina Department of Insurance has expanded its criminal investigations division with the addition of 15 new special agents, according to a statement from North Carolina Insurance Commissioner Mike Causey. Causey said the expansion to nearly double the size …

North Carolina Rate Bureau Seeks 18.9% Average Rate Hike on Dwelling Policies

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 …

North Carolina Woman Accused of Defrauding Progressive Insurance

A North Carolina woman has been arrested and charged with solicitation to obtain property by false pretenses, according to a statement from North Carolina Insurance Commissioner Mike Causey. Heaven Symone Lassiter, 23, of Ahoskie, is accused of providing false information …

North Carolina Insurance Regulator Denies 18.7% Homeowners Rate Increase

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 …

North Carolina Man Accused of Faking $104K in Insurance Claims

A North Carolina man has been charged with four counts each of insurance fraud and obtaining property by false pretense, according to a statement from North Carolina Insurance Commissioner Mike Causey. Jeffrey Neal Smith, 42, of, Concord, N.C. Smith was …

North Carolina Rate Bureau Requests 18.7% Increase for Homeowners Insurance

The North Carolina Rate Bureau has filed notice with the N.C. Department of Insurance request a statewide average increase in homeowners insurance rates of 18.7 percent for 2018, according to Insurance Commissioner Mike Causey. The NC Rate Bureau represents the …