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Kinion rejoins Oklahoma as captive director

Steve Kinion

Steve Kinion on Wednesday was appointed captive director at the Oklahoma Insurance Department in Oklahoma City, a newly created position.

Mr. Kinion previously served as captive director for the Delaware Insurance Department for 13 years, but in August it was announced he was leaving.

Mr. Kinion first joined the Oklahoma insurance department in 1995 as counsel to the Oklahoma State Board for property and casualty rates and as an assistant general counsel. He also served as chairman of the board for the state’s health insurance high-risk pool from 2001 to 2008.

According to Business Insurance’s latest ranking, Oklahoma is the 43rd-largest captive domicile globally with 13 licensed captives at year-end 2021.