/tags/insurance Insurance en-US Copyright Thu, 20 Feb 2025 22:46:08 GMT /politics/2025-02-20/north-carolina-insurance-commissioner-out-hospital-heart-surgery North Carolina Insurance Commissioner Mike Causey is out of the hospital 10 days after undergoing heart surgery. The Republican underwent what his department called "elective" surgery to "correct a congenital heart defect" discovered in late 2023. First elected commissioner in 2016, he won a third four-year term this past November. Thu, 20 Feb 2025 22:46:08 GMT /politics/2025-02-20/north-carolina-insurance-commissioner-out-hospital-heart-surgery Associated Press /politics/2025-02-10/nc-senate-healthcare-costs-insurance-mandates The state Senate is considering a bill this week that would restrict government mandates for health insurance plans. Mon, 10 Feb 2025 20:55:12 GMT /politics/2025-02-10/nc-senate-healthcare-costs-insurance-mandates Colin Campbell /news/2025-01-24/homeowners-insurance-rate-north-carolina-increase-2025 The North Carolina Department of Insurance announced the new rates last Friday. The insurance industry says inflation and climate change are driving up costs. Fri, 24 Jan 2025 16:37:03 GMT /news/2025-01-24/homeowners-insurance-rate-north-carolina-increase-2025 Celeste Gracia /2024-11-13/insurance-greg-lindberg-bribery-pleads-guilty An insurance magnate who was once a big political donor in North Carolina has pleaded guilty related to what prosecutors call a $2 billion scheme to defraud insurance regulators, policyholders and others. Wed, 13 Nov 2024 18:54:39 GMT /2024-11-13/insurance-greg-lindberg-bribery-pleads-guilty Associated Press /politics/2024-10-14/north-carolina-insurance-commissioner-2024-election-marcus-causey Mike Causey is seeking a third term but faces a challenge from Natasha Marcus. Both candidates agree that in the wake of the flooding in western North Carolina, more homeowners need to have access to flood insurance – and often the mapping and data used to make coverage decisions are outdated or inaccurate. Mon, 14 Oct 2024 14:42:52 GMT /politics/2024-10-14/north-carolina-insurance-commissioner-2024-election-marcus-causey Colin Campbell, Mitchell Northam /politics/2024-01-22/homeowners-across-nc-blast-proposed-42-insurance-rate-hike North Carolina insurance officials got an earful Monday about a proposal to increase homeowners insurance rates by an average of 42%. Mon, 22 Jan 2024 22:12:09 GMT /politics/2024-01-22/homeowners-across-nc-blast-proposed-42-insurance-rate-hike Colin Campbell /politics/2023-12-11/north-carolina-auto-insurance-rates-be-lower-lawmakers-hold-hearing State lawmakers are considering changes to auto insurance regulations that they think could lower premiums for drivers. Mon, 11 Dec 2023 22:39:31 GMT /politics/2023-12-11/north-carolina-auto-insurance-rates-be-lower-lawmakers-hold-hearing Colin Campbell /law/2022-07-18/insurance-magnate-out-of-prison-after-convictions-overturned A North Carolina-based insurance magnate whose convictions on corruption-related counts were overturned by a federal appeals court has been released from prison. Mon, 18 Jul 2022 20:44:53 GMT /law/2022-07-18/insurance-magnate-out-of-prison-after-convictions-overturned Associated Press /news/2022-05-19/judge-nc-insurance-mogul-defrauded-companies-he-invested-in Greg Lindberg, who lived in Durham and was once North Carolina’s largest political donor, was sentenced in 2020 to more than seven years in prison after being convicted of attempting to bribe Causey to secure preferential regulatory treatment for his insurance business. Thu, 19 May 2022 21:18:33 GMT /news/2022-05-19/judge-nc-insurance-mogul-defrauded-companies-he-invested-in Associated Press /environment/2021-10-01/major-flood-insurance-changes-will-bring-rate-increases-and-decreases-in-nc-and-sc Major changes in the National Flood Insurance Program take effect on Friday. A new method of gauging risk is supposed to make rates more equitable, reduce big subsidies and incorporate new risks from climate change. Rates could rise sharply for Carolinas' coastal property owners, while policyholders elsewhere will actually see bills go down. Fri, 01 Oct 2021 19:32:42 GMT /environment/2021-10-01/major-flood-insurance-changes-will-bring-rate-increases-and-decreases-in-nc-and-sc David Boraks