BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
Forty-six captives were formed in Delaware in 2018, according to Delaware Insurance Commissioner Trinidad Navarro.
Of the 46 licenses issued, 30 were conditional licenses issued under a new law that permits the issuance of a conditional license to a captive insurance applicant on the same day as the application submission, according to a statement issued by the Delaware Department of Insurance on Wednesday.
“Captive insurance formations faced a number of challenges in 2018, due to recent changes in tax law,” Mr. Navarro said in the statement.
Delaware-domiciled captives generate more than $12.5 billion of annual captive insurance premium, according to the statement.
Delaware is the fifth-largest captive domicile in the world and third-largest in the United States, with 391 captives at the end of 2017, according to the latest Business Insurance captive rankings.
WILMINGTON, Del.—The University of Delaware has teamed with the Delaware Department of Insurance to offer a professional development certificate program in captive insurance.