Press Releases

North Carolina Insurance Commissioner Mike Causey announced that 2020 proved to be another highly successful year for the Department of Insurance’s captive insurance program.  The number of risk- bearing captive entities licensed or approved

North Carolina Insurance Commissioner Mike Causey today congratulated the NCDOI’s Captive Insurance Division and the state’s captive industry on receiving the prestigious “Domicile of the Year” award.

The North Carolina Department of Insurance has released its 2019 end-of-year report for its Captive Insurance Program and the numbers show the state continues to be an attractive home for new captive insurance companies.

North Carolina Insurance Commissioner Mike Causey is pleased to report that North Carolina continues to experience growth in its captive insurance industry, and with the program now into its sixth year, the state has emerged as one of the nation's leading captive insurance domiciles.

Insurance Commissioner Mike Causey today welcomed Arch Capital Services new division headquarters to North Carolina. Commissioner Causey advocates for more companies to come to the state to bring more competition, more product choices and better rates. This helps both the consumer and companies in N.C.

North Carolina Insurance Commissioner Mike Causey today announced that North Carolina’s flourishing captive insurance program had an estimated $30 million impact on the state last year.

North Carolina Insurance Commissioner Mike Causey is pleased to report that North Carolina's captive insurance company program, now in its 5th year of operation, has established itself as a leading domicile for captive insurance companies.

According to NC Insurance Commissioner Mike Causey, the numbers show North Carolina’s captive insurance program is continuing to grow and prosper in North Carolina’s favorable business environment.

NC Insurance Commissioner Mike Causey congratulated Rep. Linda Johnson recently at a Raleigh meeting of insurance executives for her diligence in helping establish North Carolina's captive insurance company program.

Insurance Commissioner Mike Causey is pleased to report that North Carolina's captive insurance company program once again exceeded expectations during the program's third full year of operation.