North Carolina captive industry growth News

The North Carolina Department of Insurance has approved or licensed more than 1,000 risk-bearing captive entities (including conditional licenses and approvals) since its captive program inception in 2013 through year-end 2020, according to a statement from the department. As of …

North Carolina continues to experience growth in its captive insurance industry as it enters its sixth year and has emerged as one of the nation’s leading captive insurance domiciles, according to a statement from North Carolina Insurance Commissioner Mike Causey. …