Topics Related to NCDOI

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 announced today the arrest of William Timothy Alston, 63, of 407 Republican Rd., Windsor, for multiple counts of insurance fraud, obtaining property by false pretense, forgery, and uttering a forged endorsement. All four are felonies.

North Carolina Insurance Commissioner Mike Causey today hailed a unanimous Court of Appeals opinion affirming the liquidation of Greg Lindberg’s former insurance companies, saying that the decision could lead to policyholders finally gaining access to their money.

Insurance Commissioner Mike Causey urges families to use Severe Weather Preparedness Week, which runs from March 3-9, to prepare for the potential for extreme weather this spring and hurricane season.

North Carolina Insurance Commissioner Mike Causey today announced the arrest of Rotrelle Lacorte Damon David, 32, of 808 Lake Drive, High Point. David was charged with one count of insurance fraud and one count of conspiracy to obtain property by false pretenses, both are felonies.

North Carolina Insurance Commissioner Mike Causey today announces the appointment of Amy Funderburk to role of general counsel at the North Carolina Department of Insurance. 

North Carolina Insurance Commissioner Mike Causey today announced the arrest Clayton Elof Peterson, 44, of 1006 Gateway Ave., Wilkesboro. Peterson was charged with one count of insurance fraud and two counts of obtaining property by false pretenses, all felonies.

North Carolina Insurance Commissioner Mike Causey today congratulated the state’s Captive Insurance Program for topping 1,500 licensed entities since the program began 10 years ago.

North Carolina Insurance Commissioner Mike Causey today announced the arrest of Anthony Dashawn Hudson, 25, of 1884 Rebecca Kennedy Road, Rocky Point, N.C. Hudson was charged with the burning of personal property, insurance fraud and attempting to obtain property by false pretense.

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