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OFFICIAL NEWSLETTER OF NCCIA

VOLUME 6 NUMBER 10
November 2020

NC Commissioner Of Insurance Mike Causey Was Reelected To A Second Term In The Statewide Election On November 3rd

(Southern Pines)…..NC Commissioner of Insurance Mike Causey was reelected to a second term in the statewide election on November 3rd. The final unofficial results showed that Causey had defeated former Commissioner Wayne Goodwin with 51.76% to 48.24% of votes cast in the race. (Causey 2,775,490; Goodwin 2,586,469). These numbers are largely in line with those won by Republicans in 6 of the 10 races that form offices that constitute the Council of State. Commissioner Causey in a special comment to the NEWSLETTER said “I am grateful to have another four years to further tackle issues I have found to have hindered consumers, policyholders, agents and the fire service during my first term,” said Commissioner Causey. Continuing, “I will continue to work with my team and the legislature to meet the insurance needs of North Carolinians, especially during states of emergencies, such as hurricanes, and most recently, the COVID-19 pandemic. As part of my work to help our citizens meet their insurance needs, I plan to continue our work with the legislators and the NC Captive Insurance Association to make North Carolina the best state in the nation for captive insurance companies to call home.”
In other statewide elections Governor Roy Cooper(D) was elected to a 2nd gubernatorial term and keeping with its penchant for divided government in the state, political newcomer Mark Robinson(R) was elected Lt. Governor. Robinson becomes the first individual of color to hold statewide office since southern reconstruction in the 1860s.
In the General Assembly Republicans picked up four additional seats in the House of Representatives and Democrats added one seat in the Senate with Republicans retaining control of both houses but without a super majority, making gubernatorial vetoes harder to override. Indications are that Senator Phil Berger(R) will remain Majority Leader in the Senate and Rep. Tim Moore(R) will continue as Speaker of the House.
 

 

Two Weeks Remain For You To Submit RFP’s

Two weeks remain for you to submit RFP’s to make presentations at the NCCIA Annual Conference scheduled for August 30 through September 1 at the Washington Duke Inn and Golf Club on the campus of Duke University. David Littlehale, Committee Chairman told the NEWSLETTER that “the Conference Planning Committee has met twice and is excited with the submissions received thus far but we are looking for more to consider.” 
In particular, the committee would like to encourage submissions that address  issues such as a Case Study in How a Captive Supported Company Business During the Pandemic, Emerging Trends in Captive Management, A Case Study on Managing Diverse Consultants Remotely Under Lock Down Operations and other topics you feel may be of interest to the industry.
To submit your proposal please complete the RRG Form at: https://nccia.org/annual-conference-rfp-form/ 
 

Submit A 2021 Conference RFP

The NEWSLETTER has become aware that a company is advertising, via email, rooms for the Annual Conference at the Washington Duke Inn. This is a fake offer. Please do not respond. The email looks like this:

NCCIA Annual Conference 2021 - August 29 - September 1, 2021 - Washington Duke Inn & Golf Club, Durham, NC, USA

Promo Code: NCCIA01028

Sender: HOtrix, 515 Cherry Street, Denver, CO

The email offer proports to offer a discount rate of $170 on rooms at the Washington Duke Inn. Please be aware the Inn will not honor this offer. The only place that will offer a discounted hotel rate will be on the NCCIA web site which will not go live until after 1st of the year.

All Member Companies Of The Association Received Their Annual Dues Investment Statement On November 16th

All member companies of the association received their annual dues investment statement on November 16th. For the 7th consecutive year NCCIA has held dues at the same level without an increase. President and CEO Thomas Adams said “The Board of Directors is pleased we were able to hold the dues steady for one more year. We are conscious that 2020 was not a brilliant year and are glad that due to the strong continuing support of our members we were able to take this step. All we ask is that our members pay their dues in a timely manner this year.” Dues are due not later than December 31st, 2020 for next year.

 

The Board of Directors and staff of NCCIA wish you a wonderful and safe Thanksgiving to celebrate the founding and bounty of our nation.

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