Insurance Compliance — April 13, 2026

Commissioner Causey Reschedules Dwelling Rate Hearing to July 6

Insurance Commissioner Mike Causey has rescheduled the dwelling insurance rate hearing from May 4 to July 6, 2026. The N.C. Rate Bureau had filed a proposed statewide average 68.3% dwelling insurance rate increase on October 30, 2025, with a year one increase of 28.5% effective July 1, 2026, and a year two increase of 30.9% effective July 1, 2027. The Department and Rate Bureau indicate progress toward a settlement, necessitating additional time to finalize terms.