For Immediate Release: January 10, 2012

Commissioner Goodwin Announces $42 Million in Recoveries and Savings for North Carolinians

RALEIGH -- Insurance Commissioner Wayne Goodwin today announced that the Department of Insurance saved or recovered more than $42.2 million for North Carolinians in 2011.

"I am very proud of the dedicated work of the Department of Insurance. Having recovered or saved more than $42 million in the last year alone shows that we are fighting fraud, holding our licensees to high standards, and helping people with their insurance questions or complaints," Goodwin said. "We are committed to building on this success as we continue protecting consumers in 2012."

Several divisions of the Department of Insurance contributed to the total recoveries and savings:

More information, downloadable publications and an online suggestion box are available at the NC Department of Insurance Web site.

--NCDOI--