North Carolina Insurance Commissioner Mike Causey News

North Carolina Criminal Investigations Reserve Unit Formed to Fight Insurance Fraud

North Carolina Insurance Commissioner Mike Causey has organized a Criminal Investigations Reserve Unit to combat the extensive number of insurance fraud cases in the state., four veteran law enforcement personnel, were sworn-in Thursday as inductees at a ceremony in Raleigh …

Causey: More Time Needed to Review North Carolina Homeowners’ Rate Increase

North Carolina’s Insurance Commissioner has extended the hearing scheduled for the proposed statewide average 17.4% homeowners’ insurance rate increase by one month from Sept. 4, 2019, to Oct. 2, 2019, saying he needs the additional time to review the documents …

North Carolina Regulator to Take Over Firms Owned by Embattled Insurance Investor

North Carolina’s insurance commissioner is taking over four insurance companies controlled by a businessman charged with trying to make political bribes. A Raleigh-based state judge issued an order on June 27 allowing Insurance Commissioner Mike Causey to take over the …

North Carolina to Host Flood Insurance Conferences; Will Offer Agents CE Credits

The North Carolina Department of Insurance has set up five flood insurance conferences statewide between July and September designed to educate the public, insurance and real estate agents of the need to purchase flood insurance, NCDOI said in a statement. …

North Carolina Insurance Fraud Round-Up: May

The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of May 2019. Insurance fraud costs American consumers approximately $80 billion a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North Carolinians between …

North Carolina Department of Insurance Releases Smartphone App for Agents

The North Carolina Department of Insurance has released a smartphone app for insurance agents offering information such as educational opportunities, NCDOI agent services contact info, and agent notifications from the department. The new MyDOi smartphone app went live May 22, …

North Carolina Insurance Fraud Round-Up: April

The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of April 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North Carolina Insurance Commissioner Mike Causey, fraud costs North Carolinians …

Future of Insurance Firms Owned by Indicted N.C. Campaign Donor Uncertain

Insurance companies owned by a big-money donor accused of trying to bribe North Carolina’s top insurance regulator for easy treatment are on the sales block and under review by at least one rating agency. Entrepreneur Greg Lindberg was indicted earlier …

NCDOI: State’s Captive Insurance Program Continues Steady Growth

North Carolina continues to experience growth in its captive insurance industry as it enters its sixth year and has emerged as one of the nation’s leading captive insurance domiciles, according to a statement from North Carolina Insurance Commissioner Mike Causey. …

North Carolina Insurance Fraud Round-Up: March

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 …