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NEWS & EVENTS
Keep up to date with what is going on. Click here for our latest news and events.
  FROM COMMISSIONER
North Carolina Insurance Commissioner Mike Causey has announced that the State
Captive insurance company program for calendar year 2016 again exceeded all expectations. It is the program’s third full year of operation. “North Carolina’s captive insurance program continues to experience growth in the number of captive insurers forming and re-domesticating
in our state,” said Causey. As of January 23, 2017, over 550 risk bearing captive insurance entities are under the regulation of NCDOI, including 190 captive insurers that are licensed or provisionally licensed and 363 cells or series captives that are approved or provisionally approved. Causey further stated: “During 2016, the number of NC licensed captive insurers more than doubled and the number of cells or series approved captives grew by more than 50%…..We credit the success of our program to a number of factors, including the NC Captive Insurance [Law]…the the NCDOI’s prudent yet pro-business approach to regulation, and the contributions of the
North Carolina Captive Insurance Association.”
  QUICK LINKS
NC Department of Insurance
NCCIA Code of Ethics

 

News & Events

The NCCIA Board of Directors has elected Jeremy Colombik as Chairman for 2017 succeeding Jesse Coyle. Colombik is President of Management Services International and is based in Raleigh. Click here for full story.

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The Internal Revenue Service has responded to the congressional and industry pushback to Notice 2016-66 by rolling back the effective date by 90 days. Click here for story.

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"NCCIA joined a coalition of 16 State Captive Insurance Associations and the Self Insurance Institute of America to comment to the IRS requesting clarification and guidance to the Path Act revisions to Section 831(b) Click here for letter.

Members

The NCCIA is actively seeking member companies and suppliers for member status. Press here to go to membership information and an on line application to join.

Media

NCCIA welcomes inquiries from both the trade and general press. Press here to go to contact information.

NC Dept of Insurance

The NCDOI has responsibility for licensure and regulation of captive insurance companies in the state. Press here for the NCDOI web site.