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.

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

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

North Carolina homeowners will likely see insurance rates increase over the next two years, but not by as much as the insurers had hoped. The North Carolina Department of Insurance says it has settled a legal dispute with insurance companies over proposed rates increases requested last January.

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.

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

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

Homeowners in North Carolina will see their base insurance premiums increase by an average of 15 percent by mid-2026

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“Under his leadership, we made real progress — violent crime down, overdose deaths falling, and tighter collaboration,” said Eddie Caldwell, executive vice president and general counsel of the North Carolina Sheriffs Association, in a news release. “Easley set a new gold standard for what it means to lead in federal law enforcement.”