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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 ...
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of 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.
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 ...
Driving without insurance in North Carolina is illegal, and individuals who do not have an active policy may face several types of penalty, including fines and license suspension.
The Department of Secretary of State has several divisions and sections: corporations division, publications division, securities division, trademarks section, Uniform Commercial Code section, authentications section, charitable solicitation licensing section, land records section, lobbyist compliance division, and notary public section. [24]
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 ...