North Carolina's Insurance Commissioner Mike Causey has negotiated a settlement reducing a proposed homeowners' insurance rate hike from 42.2% to a series of 7.5% increases over two years.
Base rates for North Carolina homeowners' insurance premiums will increase on average by about 15% by mid-2026 as part of a settlement reached by the state Insurance Department and the industry. The agreement announced Friday by Commissioner Mike Causey contrasts with the January 2024 request by the North Carolina Rate Bureau,
The North Carolina Department of Insurance has ended its legal dispute with insurance companies regarding proposed homeowners' insurance rate increases, accordi
Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the Coastal Plain.
The highest increases will be in parts of eastern North Carolina hit hard by Hurricanes Matthew and Florence in 2018; for example, beach areas from Carteret to Brunswick counties will see an average 16% increase in mid-2025 and an additional 15.
NC's Insurance Commissioner Mike Causey announces a Medicare Advantage Plan reassessment period until March 31.
Mike Causey advises North Carolinians on winter safety at home and on the road amidst cold weather and potential hazards.
Insurance Commissioner Mike Causey announced today that the North Carolina Department of Insurance has ended its legal dispute with
The beach areas in Brunswick, New Hanover, and Pender Counties will see a 16% increase on June 1, 2025, and a 15.9% increase on June 1, 2026.
Homeowners’ insurance rates in North Carolina will increase by an average of about 15% over the next two years under a settlement Insurance Commissioner Mike Causey and the N.C. Rate Bureau ...
Carteret County homeowners, along with four other N.C. coastal counties, will experience the highest insurance rate increases in the state for the next two years as a result of a
We spoke to an Oldham chippy that's closing after 25 years because of rising costs.