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OFFICIAL NEWSLETTER OF NCCIA

VOLUME 8 Number 4
April & May 2022

Wow!

(Southern Pines)... The 2022 NCCIA Annual Conference is now in the history books.

From the opening Plenary Session, sponsored by SRS, through the conference close on Wednesday there was a sense of excitement that permeated the ten educational sessions and three plenary programs. With over 200 in attendance, outgoing NCDOI Captive Division head Debbie Walker received the thanks of the association during the first Plenary Session on Monday afternoon.

Later in the evening the Exhibit Hall opened with a reception and networking experience, sponsored by MSI, featuring a sold out hall with a number of first time exhibitors.

Jeremy Colombik, President of sponsor MSI told the Newsletter that the Exhibit Hall “featured some great new exhibitors this year” and conference attendees enjoyed the opportunity to mingle with the exhibitors and each other, especially during the Exhibit Hall Opening.”

Monday also saw meetings of the Board of Directors, other association committees, and the Annual Golf Tournament. Special sessions were held for Captive Owners, sponsored by Arsenal Insurance Management, and the Annual Captive Insurance 101 course, sponsored by Hylant.

Tuesday kicked off a day of high level panels focused on different elements of the captive insurance enterprise. There were a number of panels that explored new developments affecting the enterprise including “The Global Captive Picture” and “Leveraging Your Captive’s Surplus to Maximize Value.” Conference Committee Chair Susan Euteneuer said the “conference educational sessions were crisp and presented a picture of a rapidly evolving industry. With the additional networking opportunities the conference was well worth the time and expense to attend.” 
NC Commissioner of Insurance Mike Causey excited the audience at the Annual Commissioner’s Luncheon, sponsored by Carr Riggs & Ingram, with a review of the state of the industry in North Carolina. He also recognized the great department staff and its new leadership team of Jackie Obusek, Senior Deputy Commissioner and Lori Gorman, Deputy Commissioner for Captive Insurance. The NCDOI staff met throughout the program with companies and individuals in attendance at the conference. For the first time in conference history there was not a Plenary Session featuring the department staff, but rather they participated in many of the individual educational panels.
After an afternoon filled with more educational programming and networking opportunities, the group moved to the Terrace of the Washington Duke hotel for drinks and some of Farmer Brown’s outstanding pulled pork BBQ from Ahoskie. As day began to drift into night and King Curtis wound down the DJ music, the lights went down and we were treated to music by the EMBERS with Craig Wollard. It was a fun event sponsored by R-H Accounting
Wednesday morning got off to a fast start at 8am with a Networking Session, courtesy of Oxford, for the Next Gen and Amplifying Women initiatives  of CICA. Making the event special was the presence of CICA President Dan Towle.
The concluding Plenary included discussions of a number of amicus briefs currently being followed and supported by the association and the annual legislative and regulatory update.

Please plan to join us next year May 7-10, 2023 when the conference moves to Asheville and the Marriott Renaissance Hotel. Asheville is stunningly beautiful in early May. We will see you there.

IN MEMORIAM

NCCIA is saddened to announce the passing of R Lane Brown III, one of the association's four founders and co-author of the NC Captive Act on Friday, May 20 in Pinehurst, surrounded by family. Known to all as “Lane” he was a former member of the NC House of Representatives and well known politician in North Carolina democrat circles.

 A native of Albemarle in Stanly County, North Carolina, Mr. Brown served as VP of Government Affairs for 6 years before retiring. He remained a consultant to the association at the time of his death.

Tom Adams, NCCIA President and long time friend of Brown said “North Carolina, NCCIA and his local community benefited from Lane’s keen mind and expertise in public policy and the captive insurance enterprise. That he will be missed is a given.”

Lane is survived by his wife Vickie and four children. A memorial service and interment was held on May 24 in the Palmerville Baptist Church and cemetery in Stanly County.
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