Press Releases

The Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau over the Rate Bureau’s proposed rate increase for Mobile Home Fire (MH-F) polices and Mobile Home Casualty (MH-C) policies.

North Carolina Insurance Commissioner Mike Causey has set Sept. 22 as the hearing date for the North Carolina Rate Bureau’s proposed 23% automobile insurance rate increase.

The dispute between Insurance Commissioner Mike Causey and North Carolina insurance companies writing homeowners’ insurance over a proposed 42.2% average statewide rate increase heads to hearing on Oct. 7.

Ahead of a scheduled public hearing on homeowner’s rates next month, North Carolina Insurance Commissioner Mike Causey has released a new video explaining how insurance rates are set in North Carolina, a process which is outlined by state law.  

North Carolina Insurance Commissioner Mike Causey has issued the following statement in response to recent media reports on the status of insurance rate filings:

“I wish to clear up any confusion regarding recent rate filings from the N.C. Rate Bureau.

Insurance Commissioner Mike Causey today announced that the N.C. Department of Insurance has settled its legal dispute with North Carolina insurance companies over a dwelling rate increase. 

North Carolina Insurance Commissioner Mike Causey has set April 7, 2025, as the hearing date for a proposed increase in mobile homeowners’ insurance rates requested by the North Carolina Rate Bureau.

North Carolina Insurance companies have filed a request with the N.C. Department of insurance to increase insurance rates for mobile home policies.

North Carolina Insurance Commissioner Mike Causey has continued the hearing for the insurance industry’s proposed statewide average 50.6% dwelling insurance rate increase to July 22. The hearing had been scheduled for Monday, April 8.

North Carolina Insurance Commissioner Mike Causey today said “No” to the insurance companies’ average 42.2% proposed increase in homeowners’ insurance rates. 

North Carolina Commissioner of Insurance Mike Causey has issued the following statement to clear up any confusion regarding the recent filing made by insurance companies:

Insurance Commissioner Mike Causey made a broadcast quality video to address questions regarding the North Carolina Rate Bureau's request for a statewide average increase of 42.2% in homeowners' insurance rates.

North Carolina Insurance Commissioner Mike Causey has set April 8, 2024 as the hearing date for the North Carolina Rate Bureau’s proposed 50.6% dwelling insurance rate increase. 

North Carolina Insurance Commissioner Mike Causey is reminding customers of Friday Health Plans of North Carolina, Inc. (FHP-NC) that they have until the end of the day on Thursday, Aug. 31 to choose a new health insurance plan.

This month, as nearly 1.5 million students return to classrooms across North Carolina, Insurance Commissioner Mike Causey, who also serves as Chair of Safe Kids N.C., is reminding everyone to keep safety in mind when walking, driving, or riding the bus to school.

As students return to classrooms across North Carolina, there will be a higher concentration of commuters-especially children-who travel by bus, motor vehicle, bicycle or walk along the roadways.

Insurance Commissioner Mike Causey today announced a settlement with the N.C. Rate Bureau on automobile insurance rates. The settlement is about two-thirds less than the insurance companies had requested. 

North Carolina Insurance Commissioner Mike Causey, who also serves as the State Fire Marshal, will announce a new insurance rating for the Gastonia Fire Department on Tuesday, Aug 8.

The announcement will take place at 10 a.m. at the Gastonia Fire Department, 260 N. Myrtle School Rd. Gastonia, N.C. 28052.

Insurance Commissioner Mike Causey announced today that Friday Health Plans of North Carolina Inc. (FHP-NC) was placed into receivership, effective July 16, to protect North Carolina policyholders. Liquidation of FHP-NC will occur Sept. 1.

The North Carolina Rate Bureau has requested a 50.6% statewide average rate increase for dwelling policies.

The Rate Bureau represents the insurance companies in the state and is not a part of the N.C. Department of Insurance.

The N.C. Department of Insurance has ended its legal dispute with the North Carolina Rate Bureau on its proposed insurance rate increase for Mobile Home - F (MH-F) policies and Mobile Home -Casualty (MH-C) policies, averting a potentially costly administrative battle with insurance companies. 

North Carolina Insurance Commissioner Mike Causey has set Oct. 16 as the hearing date for the North Carolina Rate Bureau’s proposed 28.4% auto insurance rate increase.

North Carolina Insurance Commissioner Mike Causey, who also serves as the State Fire Marshal, will announce the new insurance rating for the Faith Fire Department in Rowan

North Carolina Insurance Commissioner Mike Causey, who also serves as the State Fire Marshal, will announce a new insurance rating for the Hendersonville Fire Department in Henderson County on Thursday, April 6.

North Carolina Insurance Commissioner Mike Causey, who also serves as the State Fire Marshal, will announce a new insurance rating for the Kill Devil Hills Fire Department in Dare County on Wednesday, April 5.