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The Albemarle Building houses the North Carolina Department of Insurance. Article III, Section 7, of the Constitution of North Carolina stipulates the popular election of the commissioner of insurance every four years. The office holder is not subject to term limits. [10] North Carolina is one of 11 states to have an elected insurance ...
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.
Five candidates, including Republican incumbent Mike Causey, are running to become the state’s top insurance official. Responsible for regulating the insurance industry, the North Carolina ...
North Carolina Insurance Commissioner Mike Causey, right, speaks to the media before a hearing on homeowners' premium insurance rates in the state Department of Insurance building in Raleigh, N.C ...
North Carolina’s home and auto insurance rates have increased more than inflation, thanks to a commissioner who is more concerned about himself than you. He’s allowed rates to increase, with ...
An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry. The powers granted to the office of an insurance commissioner differ in each state.
The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, [1] the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate. The states have not delegated their regulatory ...
We also need an Insurance Commissioner who will stop insurance companies from using “consent to rate” (CTR) notices to charge so many North Carolina home and auto policyholders up to 2.5 times ...