Veteran regulator named to oversee captive insurers

Posted on January 13, 2014 

Veteran regulator Debbie Walker has been named director of captive insurance by state Insurance Commissioner Wayne Goodwin.

Walker will oversee the regulation of licensed captive insurers.

The position is a new one. It was triggered by a law passed by the state legislature last year that for the first time permits noninsurance companies to self-insure against a variety of risks by establishing their own “captive insurance company” in the state. They’re called captive insurance companies because they only serve the organization, or organizations, that establishes them.

Walker is a CPA and has been a regulator at the Insurance Department for more than 20 years.

David Ranii

News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service