North Carolina Department of Insurance News

Recovery Efforts Underway in North Carolina After Tornado Damages 1K Structures

North Carolina Insurance Commissioner Mike Causey this week toured some of the areas hardest hit by a mid-April tornado, saying the storm damaged more than 1,000 buildings in one county alone. As the clean-up efforts continue in Greensboro and Rockingham …

North Carolina Insurance Agent Arrested for Embezzling $18K in Premiums

A North Carolina insurance agent has been arrested and charged with embezzling more than $18,000 in insurance premiums, according to a statement from North Carolina Insurance Commissioner Mike Causey. Billie Jo Kennedy, 47, of Trenton, N.C., was arrest earlier this …

2 Retired North Carolina Agents Convicted of $11M Insurance Scam Targeting Seniors

North Carolina Department of Insurance (NCDOI) announced the conviction of two retired insurance agents in a regional scam targeting senior citizens. Insurance Commissioner Mike Causey said the two retired agents, Milton Hooks, 72, of Rocky Mount, and James Mangum, 69, …

North Carolina Man Accused of Insurance Fraud

North Carolina Insurance Commissioner Mike Causey has announced the arrest of Stacy Dewhite Brown, 50, of Raleigh, N.C. He is charged with one count each of insurance fraud and attempting to obtain property by false pretense. North Carolina Department of …

North Carolina Rate Bureau Withdraws Dwelling Rate Increase of 19.6% over Data Error

The North Carolina Rate Bureau is alerting all member companies that it has withdrawn its request for a 19.6 percent rate increase on dwelling policies due to a data error on its Dwelling Policy Program revisions announced in April, 2016. …

North Carolina Insurers Want 19.6% Rate Hike for Dwelling Policies

The North Carolina Rate Bureau (NCRB) has requested a 19.6 percent rate increase on all dwelling insurance policies, according to a statement from the North Carolina Department of Insurance. NCDOI announced Dec. 1 it is reviewing NCRB’s Nov. 30 rate …

North Carolina Couple Arrested for Making Duplicate Auto Claims

A North Carolina couple has been arrested and charged with one count of insurance fraud and obtaining property by false pretense, according to North Carolina Insurance Commissioner Wayne Goodwin. Keith Hedgepeth, 48, and Sharon Hedgepeth, 48, of Nashville, N.C., are …

North Carolina Man Accused of Conspiring to Commit Insurance Fraud

A North Carolina man has been arrested for allegedly conspiring to commit insurance fraud. According to a statement from the North Carolina Department of Insurance, Timothy Allen Green, 54, of Louisburg has been charged with one count each of insurance …

North Carolina Woman Accused of Filing $42K Property Claim With 2 Companies

A woman in North Carolina has been arrested and charged with insurance fraud for allegedly submitting a duplicate property claim, according to North Carolina Insurance Commissioner Wayne Goodwin. Kathryn Taylor Reynolds, 39, of Dobson has been charged with one count …

North Carolina Agent Accused of Submitting Fraudulent Auto Policies to Allstate

A North Carolina insurance agent has been arrested and accused of creating false auto policies, according to a statement from North Carolina Insurance Commissioner Wayne Goodwin. Eddie Ray Butler, 29, formerly of Greensboro was charged with 11 counts of Identity …