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Insurance Industry › Captive Insurance Company › Corporate Governance

Womble Bond Dickinson

The Impact of the Corporate Transparency Act on Companies in a Captive Insurance Structure

Womble Bond Dickinson on

Captive insurance companies are likely exempt from filing a Beneficial Ownership Information (BOI) Report under the insurance company exemption to the Corporate Transparency Act (CTA). Likewise, companies that are owned by...more

Woodruff Sawyer

D&O Game Changer: Delaware Approves Using Captives for D&O Insurance

Woodruff Sawyer on

December 12, 2022 Update: Woodruff Sawyer’s client Meta (which owns properties like Facebook and Instagram), is the first Delaware-incorporated company to put Side A in a captive. To ensure complete coverage for its Ds and...more

Skadden, Arps, Slate, Meagher & Flom LLP

Delaware General Corporation Law Amended To Authorize Use of Captive Insurance for D&O Coverage

Skadden, Arps, Slate, Meagher & Flom LLP on

On February 7, 2022, Delaware’s governor signed a bill amending the Delaware General Corporation Law (DGCL) to expressly authorize Delaware corporations to purchase and maintain directors’ and officers’ (D&O) liability...more

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