North Carolina sees $30m economic benefit from captives and enacts new law

North Carolina’s captive insurance programme had an estimated $30m impact on the state in 2017, according to the North Carolina Department of Insurance. It said the captive programme has grown considerably since its inception in 2013. In 2016, the economic impact of the programme was $23m, while in 2015 it was $15.3m, and just $2.5m in 2014. “That is nearly…

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