Legislation signed this week is expected to encourage the formation of new captive insurers in Delaware.
The bill, HB 218, is poised to bring new jobs, new business and new tax revenue to the state, according to the Property Casualty Insurers Association of America (PCI).
The legislation provides "the types of flexibility and benefits that attract captive insurers to smaller states like Delaware," said Richard Stokes, PCI regional vice president. "This is win-win for businesses and consumers alike."
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
