February 3, 2021
A hearing date for the proposed 18.7% dwelling insurance rate increase has been set for Jan. 18, 2022 by North Carolina Insurance Commissioner Mike Causey, a statement from the North Carolina Department of Insurance said. The proposed rate increase was …
December 16, 2020
The North Carolina Rate Bureau, which represents all companies writing property insurance in the state, is seeking an 18.7% statewide average increase in dwelling policies. The North Carolina Department of Insurance said it received the filing for the rate hike …
August 28, 2020
The North Carolina Department of Insurance has entered into a voluntary settlement agreement with Gerber Life Insurance Company that includes a $1.1 million penalty for numerous violations related to its claims practices for accidental death and dismemberment policies, according to …
January 7, 2020
The North Carolina Department of Insurance and the North Carolina Rate Bureau (NCRB) have reached a settlement for an average 4% increase on a proposal to increase dwelling insurance rates. A hearing on the proposal scheduled for Jan. 13 has …
August 28, 2019
The North Carolina Department of Insurance has received a dwelling insurance rate filing from the North Carolina Rate Bureau requesting a statewide average rate increase of 19.2%, varying by territory. The N.C. Rate Bureau, which is not part of the …