North Carolina Captive Insurance Association News

Study: Economic Impact of North Carolina Captives Increased by $12.8M in 2015

The economic impact of North Carolina’s captive insurance company program increased significantly in its second full year of operation, according to a study conducted by the North Carolina Department of Insurance. North Carolina Insurance Commissioner Wayne Goodwin reported the results …

North Carolina Touts Continued Growth of Captive Insurance Program

North Carolina’s captive insurance program continues to exceed expectations as the program begins its third full year of operation, according to North Carolina Insurance Commissioner Wayne Goodwin. The North Carolina Department of Insurance became authorized to license captive insurance companies …

North Carolina Approves Amendments to Captive Insurance Law

Amendments proposed to the North Carolina Captive Insurance Act by the North Carolina Department of Insurance were met with unanimous support from the N.C. General Assembly and signed into law on June 19, 2015. Some of the amendments include: Clarifying …

North Carolina Plans Changes to Captive Program

The first full year of North Carolina’s captive insurance program has “exceeded expectations,” according to a statement from North Carolina Insurance Commissioner Wayne Goodwin. While he’s pleased with the progress, Goodwin nevertheless plans to recommend changes to the law in …

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 …