The NC General Assembly finally adjourned “Sine Die” on September 3, 2020. The next meeting of the legislature will occur on Wednesday, January 13, 2021 as set by statute. Known as the “Long Session” of the Legislature that begins on that date will have a new cast of members due to all House and Senate seats being up for election in November. In North Carolina both House and Senate members serve two-year terms, unlike the US Congress where Senators serve six years, while House members serve two year terms. At stake in the election is whether Republicans, who held control of both chambers in the session just ended, will be able to hold or add to their majorities next year.
North Carolina is considered a swing state and races for President, US Senator and Council of State seats are considered tight. Of particular interest to the captive industry is the rematch for Commissioner of Insurance between incumbent Commissioner Mike Causey and former Commissioner Wayne Goodwin. The November issue of The Newsletter will provide a rundown of the results of the November 3, 2020 election.