 Captive insurance companies, which are owned by the entities that they insure, are usually formed by businesses that wish to better manage the cost and administration of their insurance coverage.
In 2005 the Delaware General Assembly passed House Bill 218, modernizing Delaware law regarding the formation of captives and positioning Delaware to become s home to the growing number of captive insurance companies being created worldwide.
Delaware Captive Insurance Law
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Delaware
Captive Insurance Regulations
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