North Carolina Insurance Commissioner wins re-election

Mike Causey, the North Carolina Insurance Commissioner, has won re-election after a tight race.

Only 11 US states elect an insurance commissioner, with all other states seeing the commissioner appointed by the state Governor.

Causey, a Republication, fought a tough challenge in this election against the Democratic challenger Wayne Goodwin.

Causey collected 52% of the vote to Goodwin’s 48%.

Goodwin had previously held the role of Insurance Commissioner from 2009-2016, and is the chair of the North Carolina Democratic party.

Goodwin ran for Insurance Commissioner against Causey in 2016, but once again lost by a narrow margin.

North Carolina is a growing captive insurance domicile, with captives allowed in the state for only six years.

Despite not being the oldest domicile in the US, North Carolina had 235 captives as of 31 December 2020.

12 August 2024
5-6 November 2025
Michael Corbett, Nate Reznicek and Robert Walling explore whether additional captive manager licensing would raise...
Andrew Koegel, the European chief underwriting officer at Toyota Insurance Management, explains what anyone considering...
Kevin Poole, general manager of the Insurance Managers Association of Cayman, talks through the process...
Daniel Linton, senior consulting actuary at Pinnacle Actuarial Resources, explains the importance of having a...