North Carolina homeowners will likely see insurance rates increase over the next two years, but not by as much as the insurers had hoped.

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.

The North Carolina Department of Insurance announced the new rates last Friday. The insurance industry says inflation and climate change are driving up costs.

Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the Coastal Plain.

Latricha Mankins is charged with insurance fraud for allegedly submitting false unemployment claims while employed.

The North Carolina Department of Insurance has ended its legal dispute with insurance companies regarding proposed homeowners' insurance rate increases, accordi

A settlement has been reached by North Carolina's Insurance Department and the industry that sells homeowner policies.

The North Carolina Department of Insurance has announced that Buncombe and Henderson counties will see substantially lower increases than originally predicted in 2025 and 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 ...

Homeowners in North Carolina will see their base insurance premiums increase by an average of 15 percent by mid-2026

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 ...

RALEIGH, N.C. — A Winston-Salem woman is facing two felony charges including insurance fraud and obtaining property by false pretense, according to the North Carolina Insurance Commissioner Mike Causey.