Delaware targets shorter processing times in captive regulation update

Regulatory changes impact captives’ requirements for writing Side A D&O and for...
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Delaware H1 captive dissolutions almost entirely 831(b) companies

dollar dissolve
Other 831(b)-electing captives are choosing not to renew policies until the IRS...
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AM Best affirms ratings of NextEra Energy captives

Captives include a Delaware start-up Palms Specialty formed last year   AM...
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Delaware captive numbers drop in 2022

Third largest US domicile still has over 300 captives after the regulator...
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OID welcomes back “recognised leader and effective advocate” Kinion

Kinion earns praise from Oklahoma's insurance commissioner as he returns to the...
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Kinion to be Oklahoma’s new captive insurance director

Kinion jumps straight back into captive regulator role, after leaving Delaware post...
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Steve Kinion practicing captive law again

Had been unable to help captives while director of Delaware’s captive division....
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Delaware announces Kinion successor

Takes over as director of Delaware’s Captive Bureau from the start of...
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Delaware re-elects Insurance Commissioner

Trinidad Navarro, the Delaware insurance commissioner, has won re-election for a second...
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EXCLUSIVE: IRS takes Delaware Department of Insurance to court

The US Internal Revenue Service (IRS) has taken the Delaware Department of...
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Delaware issues captive Covid-19 guidelines

The insurance commissioner of Delaware, Trinidad Navarro, has issued regulatory guidelines for...
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56 new captives formed in Delaware

A record 56 new licences were issued for captives in Delaware in...
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Delaware licences 12 captives, six use conditional licensing

The state of Delaware has licensed 12 new captives so far this...
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Captive formation slowdown due to ‘tax issues’

Delaware’s captive regulator Steve Kinion has claimed that a slowdown in the...
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Avrahami had a “chilling effect” on US captive industry – Steve Kinion

A combination of the Avrahami ruling and the PATH Act led to...
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Second piece of captive legislation introduced in Delaware

Delaware’s insurance commissioner will be given the discretion to award a “conditional...
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Delaware captives offered premium tax payment extension

Legislation making its way through Delaware’s state legislature will extend the deadline...
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Delaware receives ICCIE recognition

The Delaware Insurance Department Bureau of Captive and Financial Insurance Products has...
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Nuclear group captive rated ‘Excellent’

The Delaware-domiciled group captive serving the United States’ nuclear power industry has...
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Delaware legislation makes progress

Two pieces of captive legislation that failed to make it through Delaware’s...
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Delaware extends Steve Kinion’s contract for another year

The Delaware Department of Insurance has performed a U-turn on its decision...
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Delaware to introduce dormant captive status

Delaware will be the latest American domicile to add a ‘dormant’ definition...
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Spring launches Delaware LLC

Spring Consulting Group has formed a Delaware limited liability company (LLC) to...
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Kinion considering next steps, open to another regulation role

Delaware’s long-serving captive regulator, Steve Kinion, has already received an approach from...
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Delaware adds 71 pure, 78 series in 2016

Delaware’s pure captive number jumped up to 325 by 31 December, 2016...
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Steve Kinion to leave Delaware when current contract ends

The Delaware Department of Insurance is hunting for a new captive insurance...
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Premium increases on backburner as owners seek 831(b) compliance

Managers and captive owners using the 831(b) tax election are prioritising business...
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Delaware outlines streamlined application process for 831(b) compliance

The Delaware Department of Insurance has issued a bulletin detailing two procedures...
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Delaware to get new insurance commissioner

Karen Weldin Stewart, insurance commissioner for Delaware since 2008, will not be...
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Captive amendments passing through Delaware’s legislature

A Bill introduced to amend an “unintended consequence” of captive legislation passed...
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What is a series captive insurance company?

Delaware amended its captive insurance law in June 2015 to codify series...
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74 pure and 112 series captives added in Delaware

The State of Delaware licensed 189 risk bearing entities (RBEs) in 2015,...
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Some smaller captives will have to restructure or close – regulators

A number of smaller captives making the 831(b) tax election will have...
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Industry rallying to fight “harmful” 831(b) legislation

America’s captive insurance industry, led by the Self Insurance Institute of America...
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Delaware sets sight on global captive insurance market

The insurance commissioner for Delaware, Karen Weldin Stewart, is targeting expansion into...
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Delaware calls on IAIS to address Series captives in Application Paper

Karen Weldin Stewart, the insurance commissioner for Delaware, has submitted her comments...
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Wide reaching changes to Delaware’s captive insurance laws

Steve Kinion, director of Delaware’s bureau of captive and financial insurance products,...
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Delaware latest leading captive domicile to sign IAIS MMoU

Delaware has signed the International Association of Insurance Supervisors’ (IAIS) information-sharing agreement....
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Delaware makes a net gain of 67 in 2014

Delaware licensed 87 new captive insurance companies in 2014 with 20 closing...
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MetLife complete captive re-domestication as part of wider merger

Life insurance giant MetLife has completed the re-domestication of its Bermuda captive...
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Delaware leaps to defence of life reinsurance captives and MetLife

Karen Weldin Stewart, Delaware’s insurance commissioner, has written to the Department of...
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Europe is a valuable market for Delaware to explore – Kinion

Delaware is preparing to take a more active role in attracting foreign...
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Delaware captive for Capstone marks 150th formation

Capstone Associated Services has formed its 150th captive insurance company since beginning...
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Delaware rallies against NAIC accreditation proposal

Delaware Insurance Commissioner Karen Weldin Stewart has called on Delaware’s captive industry...
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Delware latest to enter life insurer captive debate

The Delaware Insurance Department's captive insurance bureau has opposed recommendations contained in...
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Delaware on track to surpass 2012

Delaware is on track to exceed the number of captives licensed in...
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AM Best downgrades insolvent Delaware RRG

AM Best has downgraded the financial strength rating of Delaware-domiciled risk retention...
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Wilmington Trust hires Joanne Shaver

Wilmington Trust has hired Joanne Shaver, CPA, as captive account manager for...
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Sun Life sale delayed by DFS inquiry

Sun Life Financial Inc. has warned of a likely delay in the...
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Delaware adds new captive provisions

Delaware has added new provisions to its captive law to allow for...
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Delaware Commissioner hits out at detractors

Delaware’s insurance commissioner Karen Weldin Stewart has hit back at detractors in...
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White departs Delaware as captive revenue department announced

Delaware insurance commissioner Karen Weldin Stewart announced a new captive revenue generating...
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Dale Sagen, vice-president and business development leader with QBE Accident & Health, on how captive...
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Captive Review has featured hundreds of prevalent captive leaders over our 25 years of existence,...
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As Captive Review celebrates its 25th year in 2024, outgoing Captive Review publisher Nick Morgan...
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As Captive Review turns 25 this year, leaders from the industry share their thoughts on...
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