Delaware

Delaware Senate amends captive insurance rule

Published

2 years ago

May 3, 2024

Delaware Senate amends captive insurance rule

Delaware’s state Senate has amended captive insurance laws on order to give the insurance commissioner additional flexibility to approve the types of financial institutions that would be authorized to hold required capital and surplus of captive insurance companies.

The bill, SB 249, which passed 19-1, has now been referred to the Delaware House of Representatives, which must also pass the bill for it to become law.

An explanatory memorandum explained: “This bill amends Chapter 69 of Title 18 relating to captive insurance to provide the Commissioner with additional flexibility to approve those types of financial institutions that would be authorized to hold required capital and surplus of captive insurance companies.

“This change would recognise the current financial environment and practices of financial institutions and captive insurers. Assets can be safely held in financial institutions other than banks and do not need to be held in Delaware in many circumstances where the type of risk does not require it, and the Commissioner will be authorized to impose additional conditions on captives related to capital and surplus to ensure the solvency and efficient operations of captives.”

The House committee on Economic Development/Banking/Insurance & Commerce is now expected to take up the bill within 12 days of its passage from the Senate, which took place on April 25.

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Delaware

Body found near Bowers Beach – 47abc

Published

2 hours ago

April 23, 2026

Press Room

BOWERS BEACH, Del. – Delaware State Police say a body was found near Bowers Beach on Tuesday.

Around 12:40 p.m. on April 21, Delaware State Police, Delaware Natural Resources Police and local fire companies responded to the Delaware Bay, about a mile offshore from the Bowers Beach area after commercial watermen discovered an unknown deceased man in the water.

The victim was recovered and turned over to the Office of Forensic Science for identification and to determine the cause of death.

The investigation remains active and on-going.

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Delaware

Humane Society of Delaware County picks new CEO

Published

15 hours ago

April 22, 2026

Press Room

Humane Society of Delaware County picks new CEO

The Humane Society of Delaware County has appointed a new leader as the organization’s longtime director moves toward retirement.

The animal rescue group’s board appointed Amanda Wampler as its new CEO, effective May 11, the organization posted on Facebook April 21.

Jana Cassidy, the humane society’s executive director for nearly a decade, is transitioning toward retirement and will now serve as chief operating officer in the near term to ensure a smooth transition.

The post from society Board President Megan Ricci says the board is confident Cassidy’s and Wampler’s experience, dedication and talents will elevate the humane society as it strives to build a new 22,000-square-foot facility that will be a go-to destination for adoption, veterinary care, training, boarding, and grooming.

“HSDC could not be in better hands than with these two extraordinary women,” the post reads.

Wampler is a proven nonprofit executive with experience in animal welfare and a demonstrated ability to help organizations expand and thrive, according to the humane society’s post.

Wampler currently is the national operations director for Siemer Institute, a Columbus-based organization that helps families across the U.S. achieve housing stability and enhance their children’s educational prospects, according to Wampler’s LinkedIn page. She also worked for the Columbus Recreation and Parks Department from 2016 to 2023.

Delaware County and eastern Columbus suburbs reporter Maria DeVito can be reached at mdevito@dispatch.com and @mariadevito13.dispatch.com on Bluesky and @MariaDeVito13 on X

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