On my watch as NC Insurance Commissioner, I’m pleased to have:
· Saved North Carolina consumers and families well over $2.4 Billion. One very specific example of my strong consumer protection record is when I ordered an insurance company to return $156 Million directly to 215,000 Tar Heel families. That decision of mine made national news and resulted in President Obama inviting me for a personal meeting with him at the White House.
· Achieved the lowest average automobile insurance premiums in the country, and I successfully barred increases for three years.
· Rejected many insurance rate increases, and the courts upheld my outright rejection of a major homeowners’ insurance rate increase across the state.
· Assessed the largest fine in NC history against an insurance company that had inadvertently harmed many thousands of consumers, a multi-million-dollar fine that helped fund our public schools.
As a result of strong encouragement from so many longtime friends and supporters, I’m very actively exploring re-election to a third term as North Carolina’s elected Insurance Commissioner!
Come back and visit this page in the weeks ahead for the latest update.