The Delaware Department of Insurance announces today that the final projection for the number of captive licenses the captive bureau anticipates issuing for 2012 and the projected premium tax revenue is on a rise. Steve Kinion, Captives Director for the Delaware Department of Insurance.
Commissioner Stewart Announces the Transfer of $250,000 to the City of Wilmington as a Result of Delaware Captive Surplus
Economic opportunity, triple digit tax revenue growth, and the recognition of Delaware as an insurance industry leader are the ways to describe Insurance Commissioner Karen Weldin Stewart’s captive insurance program. Today, Commissioner Karen Weldin Stewart is proud to announce that under her leadership, The Delaware Department of Insurance has given $250,000 to the City of Wilmington due to the success of the Captive Bureau at the Delaware Department of Insurance.
On June 6, twenty-five participants will complete the captive insurance risk management certificate program offered by University of Delaware in partnership with the Delaware Department of Insurance.