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On March 6, 1899 the North Carolina General Assembly created the Department of Insurance. The first commissioner of insurance was to be appointed to two-year terms, though the legislature selected the first commissioner; the day the insurance department was created, the legislature elected James R. Young to the commissionership. [2] That year a ...
Responsible for regulating the insurance industry, the North Carolina insurance commissioner negotiates rates, investigates fraud and licenses bail bond agents.
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.
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 ...
The North Carolina Department of Insurance oversees insurance complaints, investigates fraud and helps educate the public on insurance issues like how to be hurricane ready. Incumbent Mike Causey ...
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Causey ran for the office of commissioner of insurance in 1992, 1996, 2000, and 2012 as the state Republican nominee, but lost each race. In 2014 he sought a seat in the U.S. Congress, but placed seventh in the Republican primary. In 2016, Causey again sought the office of insurance commissioner and defeated incumbent Democrat Wayne Goodwin. [3]
NC endorsements: Charlotte Observer/News & Observer of Raleigh choices for Lt. Gov, Auditor, Insurance commissioner and Secretary of State