Kait Chase, risk retention group analysis manager for the North Carolina Department of Insurance (NCDOI), Captive Insurance Companies Division, is responsible for the licensing and regulation of North Carolina risk retention groups (RRGs). Previously, Ms. Chase worked as an auditor in public accounting. Ms. Chase joined the North Carolina Department of Insurance, where she also participates in the ongoing promotion of North Carolina as a captive domicile, in 2016.
In this article, she discusses a wide range of issues, including the requirements that RRGs have to meet to be licensed in the state, the growth of North Carolina RRGs, and the types of risks RRGs are covering.