Topics Related to Insurance Rates

Insurance Commissioner Mike Causey announced today that the N.C.

The N.C. Department of Insurance has settled its legal dispute with the N.C. Rate Bureau over mobile homeowners’ insurance rates, saving policyholders millions of dollars in premiums compared to what had been proposed by the insurance industry.

North Carolina Insurance Commissioner Mike Causey has postponed the hearing for the insurance industry’s proposed statewide average 24.5% homeowners’ insurance rate increase to Jan. 3, 2022. The hearing had been scheduled for Monday, Nov. 1.

The hearing scheduled for the insurance industry’s proposed statewide average 24.5% homeowners’ insurance rate increase has been extended six weeks from Sept. 20 to Nov.1.

The North Carolina Rate Bureau has 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 set Jan. 18, 2022, as the hearing date for the North Carolina Rate Bureau’s proposed 18.7% dwelling insurance rate increase.

North Carolina Insurance Commissioner Mike Causey has set Sept. 20, 2021, as the hearing date for the North Carolina Rate Bureau’s proposed 24.5% homeowners’ insurance rate increase.

Insurance Commissioner Mike Causey announced today the North Carolina Rate Bureau has requested a 24.5% statewide average increase in homeowners' insurance rates to take effect August 2021. The NCRB is not part of the N.C.

North Carolina Insurance Commissioner Mike Causey is working with insurance companies so they can provide financial assistance to consumers during the COVID-19 health emergency.