North Carolina General Statutes Chapter 58. Insurance § 58-21-11. Home state

(a) The provisions of this Article shall apply to those transactions in which North Carolina is the home state of the insured.

(b) Except as provided in subsection (c) of this section, the term “home state” means, with respect to an insured, either of the following:

(c) Affiliated Groups.--If two or more insureds from an affiliated group are named insureds on a single nonadmitted insurance contract, the term “home state” means the home state, as determined pursuant to subsection (b) of this section, of the member of the affiliated group that has the largest percentage of premium attributed to it under that insurance contract.