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

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

The North Carolina Rate Bureau, representing home insurers, settled for two 7.5% increases this year and next, after originally seeking a 42% rate increase.

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.

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

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

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.

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

The deal between NC and the insurance industry calls for an average 15% increase by mid-2026. But many coastal areas will see much steeper increases.

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 ...

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 ...

FILE - North Carolina Insurance Commissioner Mike Causey talks to reporters at the Albemarle Building in Raleigh, N.C., April 24, 2023. (AP Photo/Hannah Schoenbaum, file) (Hannah Schoenbaum ...