Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the Coastal Plain.
The deal between NC and the insurance industry calls for an average 15% increase by mid-2026. But many coastal areas will see much steeper increases.
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,
Mike Causey advises North Carolinians on winter safety at home and on the road amidst cold weather and potential hazards.
Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15 percent by mid-2026 as part of a settlement reached by the N.C. Department of Insurance
The agreement announced Friday by Commissioner Mike Causey contrasts with the January 2024 request by the North Carolina Rate Bureau, which represents insurance companies, seeking a 42.2% overall ...
FILE - North Carolina Insurance Commissioner Mike Causey talks to reporters at the Albemarle Building in Raleigh, N.C., April 24, 2023. RALEIGH. N.C. (AP) — Base rates for North Carolina ...
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 ...
The North Carolina Department of Insurance has ended its legal dispute with insurance companies regarding proposed homeowners' insurance rate increases, accordi
Dessauer is chief of communications officer, Jordan is chief operations officer, and Maher is chief accountability officer.
State Insurance Commissioner Mike Causey and insurance companies have negotiated a 15% rate increase for homeowners insurance over two years. Under the settlement, which ends the N.C. Department of Insurance’s legal dispute with insurance companies,