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N.C. Insurance Commissioner Causey Announces New Ranking for Captive Insurance Companies in 2023
April 12, 2024
RALEIGH, North Carolina, April 12 -- The North Carolina Department of Insurance issued the following news release on April 11, 2024:

North Carolina Insurance Commissioner Mike Causey announces today that the state of North Carolina is now the third largest domicile for captive insurance companies in the U.S., trailing only Vermont and Utah.

A captive insurance company is a type of self-insurance that businesses use to manage their own risks. A 'domicile' is the country, . . .

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