North Carolina Captive Insurance Act News

North Carolina Looks to Grow Captive Insurance with Amended Law

North Carolina Insurance Commissioner Wayne Goodwin said North Carolina is now an even more attractive home for captive insurance companies with the enactment of a law allowing new captive types and providing some regulatory flexibility. Changes to the N.C. Captive …

Walker Named North Carolina Captive Insurance Director

North Carolina Insurance Commissioner Wayne Goodwin has named Debbie Walker as director of captive insurance for the state. As head of the insurance department’s new captive insurance section, Walker will be responsible for analyzing captive insurance license applications and overseeing …

N.C. Commissioner Delivers Keynote at Inaugural Captive Insurance Seminar

North Carolina’s Insurance Commissioner Wayne Goodwin on Wednesday delivered the keynote presentation, “Why North Carolina?” to captive insurance managers and service providers, regulators, legislators and other interested parties at the first North Carolina Captive Insurance Association (NCCIA) seminar in Raleigh.With …

North Carolina Captive Insurance Law Now in Effect

North Carolina is open for business as a domicile for captive insurance companies. The North Carolina Captive Insurance Act, signed into law on June 19, is now in effect, allowing for the formation of captive insurance companies in the state. …

North Carolina Enacts Captive Insurance Bill

A recently enacted bill in North Carolina will permit, for the first time, the creation of captive insurers based in the Tar Heel State. The North Carolina Captive Insurance Act (HB 473) was signed into law by Gov. Pat McCrory …