Delaware captive insurance program News

Taylor to Lead Delaware Captive Bureau, Succeeding Kinion

Delaware has named Stephen Taylor, former insurance commissioner for the District of Columbia, as the next director of its captive bureau. Taylor will succeed Steve Kinion, who is leaving Sept. 30 when his contract expires. Taylor served as D.C. insurance …

People Moves: MEMIC Welcomes Safety National’s Hoff; Delaware to Name New Captive Chief; Arthur Hall Names Mackarevic Partner

MEMIC Names Hoff Vice President of Loss Control and Safety The MEMIC Group has named Maryann Hoff, a 17-year insurance industry veteran, its new vice president of loss control and safety. Hoff comes to MEMIC from Safety National Casualty Corp., …

Delaware Marks Licensing of 1,000th Captive Insurer

Delaware Gov. Jack Markell presented Insurance Commissioner Karen Weldin Stewart with a proclamation Monday recognizing the Department of Insurance’s (DOI) licensing of its 1,000 captive insurance company, AWI Inc. of Voorhees, New Jersey. Delaware is currently the sixth-largest captive domicile …

Delaware Licensed 87 New Captive Insurers in 2014

Last year was another record-setting year for Delaware’s captive insurance industry, the state’s Insurance Commissioner Karen Weldin Stewart recently announced. Delaware’s captive bureau licensed 87 captive insurers and 141 series business units in 2014, Stewart said on Feb. 12. “I …