Friday, June 21, 2024
Mark Richardson

Ratings affirmed of NextEra Energy captives

Tags: , , , ,
Includes ratings for new Delaware captive formed in 2022 providing coverage for...
MORE
Thursday, April 25, 2024
Mark Richardson

Delaware enhancing programme in 12 areas through ‘Captives 2.0’ initiative

Tags: ,
The DCIA identified the 12 areas for implementing regulatory change as part...
MORE
Wednesday, March 27, 2024
Mark Richardson

Delaware records 51 captive licence surrenders in 2023

Tags: ,
As well as 51 non-cellular captive surrenders, 59 series captives also surrendered...
MORE
Wednesday, October 25, 2023
Mark Richardson

Delaware targets shorter processing times in captive regulation update

Tags: , ,
Regulatory changes impact captives’ requirements for writing Side A D&O and for...
MORE
Monday, August 14, 2023
Mark Richardson

Delaware H1 captive dissolutions almost entirely 831(b) companies

Tags: , , , ,
dollar dissolve
Other 831(b)-electing captives are choosing not to renew policies until the IRS...
MORE
Friday, June 09, 2023
Mark Richardson

AM Best affirms ratings of NextEra Energy captives

Tags: , , ,
Captives include a Delaware start-up Palms Specialty formed last year   AM...
MORE
Wednesday, March 01, 2023
Mark Richardson

Delaware captive numbers drop in 2022

Tags: , ,
Third largest US domicile still has over 300 captives after the regulator...
MORE
Wednesday, November 02, 2022
Mark Richardson

OID welcomes back “recognised leader and effective advocate” Kinion

Tags: , , , ,
Kinion earns praise from Oklahoma's insurance commissioner as he returns to the...
MORE
Tuesday, November 01, 2022
Mark Richardson

Kinion to be Oklahoma’s new captive insurance director

Tags: , , ,
Kinion jumps straight back into captive regulator role, after leaving Delaware post...
MORE
Monday, October 31, 2022
Mark Richardson

Steve Kinion practicing captive law again

Tags: , ,
Had been unable to help captives while director of Delaware’s captive division....
MORE
Wednesday, September 14, 2022
Mark Richardson

Delaware announces Kinion successor

Tags: , ,
Takes over as director of Delaware’s Captive Bureau from the start of...
MORE
Friday, November 06, 2020
Lauren Ingram

Delaware re-elects Insurance Commissioner

Tags: ,
Trinidad Navarro, the Delaware insurance commissioner, has won re-election for a second...
MORE
Tuesday, June 23, 2020
Lauren Ingram

EXCLUSIVE: IRS takes Delaware Department of Insurance to court

Tags: , , , , , ,
The US Internal Revenue Service (IRS) has taken the Delaware Department of...
MORE
Wednesday, April 08, 2020
Lauren Ingram

Delaware issues captive Covid-19 guidelines

Tags: , ,
The insurance commissioner of Delaware, Trinidad Navarro, has issued regulatory guidelines for...
MORE
Thursday, February 13, 2020
Lauren Ingram

56 new captives formed in Delaware

Tags: , , ,
A record 56 new licences were issued for captives in Delaware in...
MORE
Thursday, July 11, 2019
Fraser Irving

Delaware licences 12 captives, six use conditional licensing

Tags: , , , ,
The state of Delaware has licensed 12 new captives so far this...
MORE
Wednesday, November 21, 2018
Fraser Irving

Captive formation slowdown due to ‘tax issues’

Tags: , , , , ,
Delaware’s captive regulator Steve Kinion has claimed that a slowdown in the...
MORE
Tuesday, April 24, 2018
Richard Cutcher

Avrahami had a “chilling effect” on US captive industry – Steve Kinion

Tags: , , ,
A combination of the Avrahami ruling and the PATH Act led to...
MORE
Wednesday, March 28, 2018
Richard Cutcher

Second piece of captive legislation introduced in Delaware

Tags: ,
Delaware’s insurance commissioner will be given the discretion to award a “conditional...
MORE
Tuesday, February 13, 2018
Richard Cutcher

Delaware captives offered premium tax payment extension

Tags: , , ,
Legislation making its way through Delaware’s state legislature will extend the deadline...
MORE
Friday, August 11, 2017
Richard Cutcher

Delaware receives ICCIE recognition

Tags: ,
The Delaware Insurance Department Bureau of Captive and Financial Insurance Products has...
MORE
Monday, July 24, 2017
Richard Cutcher

Nuclear group captive rated ‘Excellent’

Tags: , ,
The Delaware-domiciled group captive serving the United States’ nuclear power industry has...
MORE
Friday, May 19, 2017
Richard Cutcher

Delaware legislation makes progress

Tags: , ,
Two pieces of captive legislation that failed to make it through Delaware’s...
MORE
Tuesday, May 09, 2017
Richard Cutcher

Delaware extends Steve Kinion’s contract for another year

Tags: , ,
The Delaware Department of Insurance has performed a U-turn on its decision...
MORE
Tuesday, March 21, 2017
Richard Cutcher

Delaware to introduce dormant captive status

Tags: , ,
Delaware will be the latest American domicile to add a ‘dormant’ definition...
MORE
Tuesday, March 14, 2017
Richard Cutcher

Spring launches Delaware LLC

Tags: , , , ,
Spring Consulting Group has formed a Delaware limited liability company (LLC) to...
MORE
Thursday, March 02, 2017
Richard Cutcher

Kinion considering next steps, open to another regulation role

Tags: ,
Delaware’s long-serving captive regulator, Steve Kinion, has already received an approach from...
MORE
Monday, February 27, 2017
Richard Cutcher

Delaware adds 71 pure, 78 series in 2016

Tags: ,
Delaware’s pure captive number jumped up to 325 by 31 December, 2016...
MORE
Wednesday, February 22, 2017
Richard Cutcher

Steve Kinion to leave Delaware when current contract ends

Tags: , ,
The Delaware Department of Insurance is hunting for a new captive insurance...
MORE
Tuesday, November 01, 2016
Richard Cutcher

Premium increases on backburner as owners seek 831(b) compliance

Tags: , ,
Managers and captive owners using the 831(b) tax election are prioritising business...
MORE
Monday, October 17, 2016
Richard Cutcher

Delaware outlines streamlined application process for 831(b) compliance

Tags: , ,
The Delaware Department of Insurance has issued a bulletin detailing two procedures...
MORE
Friday, September 16, 2016
Richard Cutcher

Delaware to get new insurance commissioner

Tags: , ,
Karen Weldin Stewart, insurance commissioner for Delaware since 2008, will not be...
MORE
Wednesday, June 29, 2016
Richard Cutcher

Captive amendments passing through Delaware’s legislature

Tags: , ,
A Bill introduced to amend an “unintended consequence” of captive legislation passed...
MORE
Thursday, March 31, 2016
Captive Review

What is a series captive insurance company?

Tags: , , , ,
Delaware amended its captive insurance law in June 2015 to codify series...
MORE
Monday, February 15, 2016
Richard Cutcher

74 pure and 112 series captives added in Delaware

Tags: ,
The State of Delaware licensed 189 risk bearing entities (RBEs) in 2015,...
MORE
Friday, December 18, 2015
Richard Cutcher

Some smaller captives will have to restructure or close – regulators

Tags: , , , , , ,
A number of smaller captives making the 831(b) tax election will have...
MORE
Friday, December 11, 2015
Richard Cutcher

Industry rallying to fight “harmful” 831(b) legislation

Tags: , , , ,
America’s captive insurance industry, led by the Self Insurance Institute of America...
MORE
Tuesday, November 10, 2015
Richard Cutcher

Delaware sets sight on global captive insurance market

Tags: ,
The insurance commissioner for Delaware, Karen Weldin Stewart, is targeting expansion into...
MORE
Tuesday, August 04, 2015
Richard Cutcher

Delaware calls on IAIS to address Series captives in Application Paper

Tags: , ,
Karen Weldin Stewart, the insurance commissioner for Delaware, has submitted her comments...
MORE
Monday, July 13, 2015
Richard Cutcher

Wide reaching changes to Delaware’s captive insurance laws

Tags: , ,
Steve Kinion, director of Delaware’s bureau of captive and financial insurance products,...
MORE
Tuesday, May 19, 2015
Richard Cutcher

Delaware latest leading captive domicile to sign IAIS MMoU

Tags: , ,
Delaware has signed the International Association of Insurance Supervisors’ (IAIS) information-sharing agreement....
MORE
Monday, February 16, 2015
Richard Cutcher

Delaware makes a net gain of 67 in 2014

Tags: ,
Delaware licensed 87 new captive insurance companies in 2014 with 20 closing...
MORE
Tuesday, November 18, 2014
Richard Cutcher

MetLife complete captive re-domestication as part of wider merger

Tags: , ,
Life insurance giant MetLife has completed the re-domestication of its Bermuda captive...
MORE
Wednesday, October 22, 2014
Richard Cutcher

Delaware leaps to defence of life reinsurance captives and MetLife

Tags: , , , ,
Karen Weldin Stewart, Delaware’s insurance commissioner, has written to the Department of...
MORE
Tuesday, October 21, 2014
Richard Cutcher

Europe is a valuable market for Delaware to explore – Kinion

Tags: , ,
Delaware is preparing to take a more active role in attracting foreign...
MORE
Monday, October 13, 2014
Richard Cutcher

Delaware captive for Capstone marks 150th formation

Tags: , ,
Capstone Associated Services has formed its 150th captive insurance company since beginning...
MORE
Wednesday, April 30, 2014
Richard Cutcher

Delaware rallies against NAIC accreditation proposal

Tags: , ,
Delaware Insurance Commissioner Karen Weldin Stewart has called on Delaware’s captive industry...
MORE
Monday, March 31, 2014
Richard Cutcher

Delware latest to enter life insurer captive debate

Tags: , , , ,
The Delaware Insurance Department's captive insurance bureau has opposed recommendations contained in...
MORE
Friday, November 22, 2013
Richard Cutcher

Delaware on track to surpass 2012

Tags:
Delaware is on track to exceed the number of captives licensed in...
MORE
Wednesday, November 13, 2013
Richard Cutcher

AM Best downgrades insolvent Delaware RRG

Tags: , ,
AM Best has downgraded the financial strength rating of Delaware-domiciled risk retention...
MORE
Friday, September 13, 2013
Richard Cutcher

Wilmington Trust hires Joanne Shaver

Tags: , ,
Wilmington Trust has hired Joanne Shaver, CPA, as captive account manager for...
MORE
Friday, June 21, 2013
Richard Cutcher

Sun Life sale delayed by DFS inquiry

Tags: , ,
Sun Life Financial Inc. has warned of a likely delay in the...
MORE
Monday, May 24, 2010
Richard Cutcher

Delaware adds new captive provisions

Tags:
Delaware has added new provisions to its captive law to allow for...
MORE
Friday, April 09, 2010
Richard Cutcher

Delaware Commissioner hits out at detractors

Tags:
Delaware’s insurance commissioner Karen Weldin Stewart has hit back at detractors in...
MORE
Tuesday, August 04, 2009
Richard Cutcher

White departs Delaware as captive revenue department announced

Tags: , , ,
Delaware insurance commissioner Karen Weldin Stewart announced a new captive revenue generating...
MORE
Features
Q&A: Big Ticket’s Ken Fraser and Rob Bartlett
Fresh from winning Insurtech Solution of the Year at the Captive Review US Awards earlier...
MORE
Growth opportunities for PCCs and PCC cells in the UK and Europe
Michael Whitfield of Atlas Insurance PCC explains how, after the disruption caused by Brexit, the...
MORE
North Carolina: A leader in cell captives
Lori Gorman of the North Carolina Department of Insurance answers Captive Review’s questions about the...
MORE
831(b) Institute: IRS campaign against micro-captives threatens large captives
The IRS is biding its time by taking on micro-captives and will eventually refocus on...
MORE