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Now is the time to redomesticate/onshore your captive insurers to North Carolina

Last fall, I wrote this blog article about the potential benefits of redomesticating a captive insurer.  The captive season is starting to gear up and I have been getting a number of queries about not only setting up new captives but helping to redomesticate or...

Redomesticating a Captive Insurer

At some point in a captive insurer’s existence, it may want to “shop around.” That is, the insurer may decide it should move its domicile, extract itself from the authority of its home jurisdiction, and reestablish itself in another, more advantageous jurisdiction. This process...