The North Carolina Captive Insurance Association (NCCIA) Conference kicked off on 22 August with a record number of 180 attendees and the unveiling of its first exhibiting hall.
Thomas Adams, president and CEO of NCCIA, addressed attendees saying: “Many of you are here for the first time. That too is change, and the reasons you are here range from recognition that this is one of, if not the best place, to domicile a captive, or perhaps you are currently involved with a North Carolina-based captive or want to ‘come home’ to be redomiciling here.”
He added: “There is a place for all of you at the table in North Carolina.”
Joe Stewart, executive director of the North Carolina Free Enterprise Institute also addressed the audience discussing the effect of the upcoming elections on the business climate in the state, and how that might impact the captive industry.
The conference will also feature a plenary session featuring Tim Tarter, taxpayer counsel in the Avrahami Case pending in the US Federal Tax Court.