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Causey Sworn in for Second Term as North Carolina Insurance Commissioner January 19, 2021
Mike Causey
Causey was sworn in Jan. 9 by North Carolina Chief Justice Paul Newby in a socially distanced ceremony on the Executive Mansion grounds, along with Gov. Roy Cooper, Lt. Gov. Mark Robinson and other Council of State members, according to a statement from the North Carolina Department of Insurance.
“I’m honored by the vote of confidence North Carolinians gave me during the November 2020 election,” Commissioner Causey commented after being sworn in. “Over the next four years, I pledge to work tirelessly to make insurance more transparent in the state, keep a healthy insurance market and protect insurance consumers throughout the state.
24-08-2016
Mike Causey took the oath of office for his second term as North Carolina’s Insurance Commissioner on January 9, 2021.
Causey was sworn in by North Carolina Chief Justice Paul Newby in a socially distanced ceremony on the Executive Mansion grounds.
He pledged to spend the next four years working tirelessly to make insurance more transparent in North Carolina, to maintain a healthy insurance market and to protect insurance consumers throughout the state.
Causey’s priorities for the term include increasing efforts to fight insurance fraud, increasing transparency in health insurance, health care billing and prescription drug pricing, promoting hands-free legislation to increase driving safety and increasing support for the fire service.
North Carolina Insurers File for 18.7% Increase on Dwelling Policies December 16, 2020
The North Carolina Rate Bureau, which represents all companies writing property insurance in the state, is seeking an 18.7% statewide average increase in dwelling policies.
The North Carolina Department of Insurance said it received the filing for the rate hike from NCRB on Monday, Dec. 14. If approved, the increase would be effective Sept. 1, 2021.
The NCRB is not part of NCDOI.
Dwelling insurance policies are not homeowners’ insurance policies. Dwelling policies are offered to non-owner-occupied residences of no more than four units, including rental properties, investment properties and other properties that are not occupied full time by the property owner.