Small Business Reading Room


Friday, January 28, 2011

Delaware Corporate Legislation Tracker

Stay on top of changes to the DGCL with the Delaware Corporate Legislation Tracker! This is a free service, designed to keep you informed on current and pending legislation related to Delaware Corporate rules and regulations. Here's what's been happening this past week:

The following Legislation affecting Title 18 - Insurance Code was acted upon by the General Assembly on 1/26/2011:

HB 28
Title: AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO SMALL EMPLOYER HEALTH INSURANCE.



Synopsis:

This bill enables small employer health insurance carriers to make 'stop-loss' insurance coverage available to small employers with more than 15 employees. The issuance of stop-loss coverage to small employers, defined as having no more than 50 employees, will be prohibited as of July 1, 2011. This bill will limit that prohibition to employers with 15 or fewer employees.


Bill History:

Jan 26, 2011 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
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Thursday, January 27, 2011

The Delaware Captive Insurance Program has a New Website

Look out world! Delaware is gaining ground in the captive insurance industry.

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. Due to the increasing number of captive insurers domiciling and re-domesticating to Delaware, the State has unveiled a new and improved website.

“The success of the Bureau of Captive and Financial Insurance Products in licensing new captives and the interest shown in Delaware as a captive domicile necessitated an upgrade to what I refer to as our business card to the world. Delaware has a long-standing reputation as a global state and our website reflects this.”

- Delaware Insurance Commissioner Karen Weldin Stewart

The upgrades include easier access to documents regarding annual filing requirements, an explanation of the Delaware Advantage, and biographies for the captive staff.

Check it out: Home Page for Delaware Captive Insurance
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Wednesday, January 26, 2011

Adverse Weather Delay

Delaware Intercorp, Inc. will be opening 1 hour late today, Wednesday, January 26, 2011, due to weather. The office will open at 9AM EST.
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Tuesday, January 25, 2011

DELAWARE DRIVER'S LICENSE RENEWAL

Are you ready to obtain your new federally compliant driver's license or identification card? I'm renewing my license today. I have my current license, birth certificate, marriage license, social security card, voter's registration card, utility and credit card bills! I started gathering my pertinent documents last month, so that I wouldn't be scrambling at the last minute.

When you get your license renewal letter in the mail, make sure you read it carefully. It's not the "same old" routine this year.
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Monday, January 24, 2011

Job Posting

Delaware Intercorp is now offering a part-time office position which is available for a responsible, honest, hardworking person with good people skills who isn’t afraid to learn and to work. The applicant must have good phone, written, and in-person communication skills; must be organized and have a high attention to detail. The applicant must, also be able to use Microsoft Outlook, Word, and Excel proficiently, and be able and willing to learn new computer applications. This position takes place in a fast paced multi-tasking environment in a growing company. There is a need for a person who is able to maintain a pleasant disposition and positive attitude under stressful conditions.

There will be a mandatory drug and record screening for all employees. The new team member will start with twenty hours a week and transition to 30 hours per week as training progresses, probably several months in. The starting schedule is M-F 10 am – 2pm. Pay starts at 9.25 per hour with scheduled advancement at 6 months and 1 year.

Send resume to: Delaware Intercorp, Inc, Attn: Angelica Endres, 113 Barksdale Professional Center, Newark, DE 19711; or fax to (302) 266-9940; or email to angelica@delawareintercorp.com
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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

"For all the best reasons to incorporate,the best place
is Delaware and the best incorporator is
Delaware Intercorp!"

Call Monday - Friday 09:00 (am) - 17:00 (pm) Eastern Time (GMT-05:00)

Toll Free - USA only - 888.324.1817
International: (1) 302.266.9367
FAX: 302.266.9940
Email: info@delawareintercorp.com