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NC car insurance companies want to raise rates by 14%

RALEIGH, N.C. (AP) – Insurance companies are seeking approval for their plans to raise auto insurance costs for North Carolina motorists by an average of nearly 14 percent this year. The state...

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NC Department of Insurance denies 13.8 percent auto rate hike

RALEIGH, NC (WWAY) –The North Carolina Department of Insurance has denied a 13.8 percent auto rate increase. On February 1, the North Carolina Rate Bureau, an independent organization representing all...

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NC insurance agent arrested for third time for embezzling

GRIFTON, N.C. (WNCT) — A Grifton man arrested twice before on embezzlement charges has been arrested again. Insurance Commissioner Mike Causey announced Tuesday the arrest of David Maylon Pickett, 59....

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Are you covered? Insurance policy questions answered ahead of Irma

WILMINGTON, NC (WWAY) — If you don’t have homeowners insurance it might be too late. Earlier we spoke to Don Bullard Insurance about different types of coverages and if there is a cut off to get that...

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FEMA insurance chief: Harvey losses could top $11 billion

WASHINGTON (AP) — The head of the National Flood Insurance Program said Wednesday early estimates show Hurricane Harvey will result in about $11 billion in payouts to insured homeowners, mostly in...

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Equifax data breach: Beware these 3 scams

Consumers need to be doubly vigilant following the massive Equifax (EFX) data breach, experts warn. Even if you were wise enough to put an immediate fraud alert or credit freeze on your credit files,...

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President Trump signs order to promote health care choice, competition

WASHINGTON (AP) – The Latest on President Donald Trump’s executive order on health care (all times local): 12 p.m. President Donald Trump predicts “millions and millions of people” will benefit from...

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Blue Cross Blue Shield ACA rates going up 14 percent in 2018

WILMINGTON — North Carolina officials announced Wednesday that Blue Cross Blue Shield (BCBS) can raise its rates for Affordable Care Act plans next year. The North Carolina Department of Insurance...

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Las Vegas shooting victims struggle to afford mounting medical costs

NEW YORK (CNNMoney) – Kurt Fowler and his wife, Trina, were celebrating their 18th wedding anniversary at a country music festival when the shooting started. Fowler, 41, knew he’d been hit in the ankle...

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NC Rate Bureau asks for 18.7% rate hike for homeowners insurance

RALEIGH, NC (News Release) — Insurance Commissioner Mike Causey today announced that the North Carolina Rate Bureau has filed notice with the NC Department of Insurance asking for a statewide average...

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Hearing held on possible 18.7 percent NC home insurance rate increase

A hearing was held Tuesday in Raleigh on a possible homeowners’ insurance rate increase. The North Carolina Rate Bureau filed a notice with the Department of Insurance requesting an 18.7 percent rate...

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State proposed homeowner’s insurance rates raise eyebrows along the coast

NEW HANOVER COUNTY, NC (WWAY) –  If you live near the coast, your homeowner’s insurance rate could go up by more than 20%. That’s what the state rate bureau is proposing. The state rate bureau proposed...

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NC Blue Cross: Tax cut helps charities, rate hikes lessened

DURHAM, N.C. (AP) — North Carolina’s largest health insurer says its windfall from the new federal tax cut will hold down rate increases in the future, but this year will give charities millions of...

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Insurer plans expansion adding 625 North Carolina jobs

RALEIGH, N.C. (AP) – A New York City-based insurance company is planning a big expansion of North Carolina operations and adding about 625 jobs. A state committee that approves major tax breaks on...

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Insurance Commissioner Causey to Florence victims: Don’t be a victim twice

RALEIGH, NC (Press Release) — North Carolina Insurance Commissioner Mike Causey urged people victimized by Hurricane Florence to stay strong and avoid being taken advantage of by dishonest contractors...

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Woman cuts hand to claim insurance

LJUBLJANA, Slovenia (AP) — Authorities say a Slovenian woman who deliberately cut off her hand with a circular saw to collect insurance money faces up to eight years in jail. Police say the 21-year-old...

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NC insurance commissioner to hold Wilmington, Bolivia town halls on flood...

WILMINGTON, NC (WWAY) — Do you have flood insurance? After what Hurricane Matthew in 2016 and Hurricane Florence last year did, a lot of homeowners in our area may be thinking about whether to gave it....

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Sticker shock: Trump taking aim at ‘surprise medical bills’

By KEVIN FREKING Associated Press WASHINGTON (AP) — President Donald Trump will begin a push Thursday to fight health care sticker shock by limiting “surprise medical bills,” the unexpected charges...

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Former NC insurance chief Goodwin seeks old job back

RALEIGH, NC (AP) — North Carolina’s insurance commissioner from 2009 through 2016 wants the job again. Democrat Wayne Goodwin announced Tuesday he’ll run for commissioner next year, setting up a...

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Insurance companies request 24.5% increase for NC homeowners

RALEIGH, NC (WWAY) — Insurance companies are requesting a rate increase for homeowners in North Carolina starting in August 2021. North Carolina Insurance Commissioner Mike Causey said Tuesday that the...

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