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Michael W. Teichman

Michael W. Teichman

Wilmington, Delaware

MICHAEL W. TEICHMAN is a Director in the law firm of Parkowski, Guerke & Swayze, P.A., joining the firm in June 2003. Mr. Teichman practices in the areas of administrative and commercial law, with a concentration in the representation of captive and traditional insurance institutions in regulatory and transactional matters.  Mr. Teichman also represents commercial entities in matters involving Delaware environmental and land use regulation, and serves as transaction counsel to Delaware based entities.  Mr. Teichman frequently serves as special Delaware counsel in the preparation of Delaware corporate opinions.  

Prior to joining Parkowski, Guerke & Swayze, Mr. Teichman was a partner with Reed Smith, LLP, and, prior to entering private practice, Mr. Teichman served as a Deputy Attorney General in the Delaware Department of Justice. During his tenure as a Deputy Attorney General, Mr. Teichman first served in the Criminal Division as a criminal prosecutor, and later represented the Delaware Department of Insurance.

Mr. Teichman has been accepted into the Federation of Regulatory Counsel, a professional organization made up of attorneys possessing special expertise in the field of insurance regulation. Mr. Teichman is the sole member of FORC in Delaware.

Mr. Teichman serves on the board of directors for the Delaware Captive Insurance Association and chairs its legislative committee.  Mr. Teichman also serves on the board of directors for the Concord Rowing Club.

Mr. Teichman served as a commissioned officer in the United States Navy from 1986 to 1991.

Areas of Practice

  • Administrative Law and Litigation
  • Insurance Regulation
  • Environmental Law
  • Banking Regulation
  • Trust Administration & Fiduciary Activities
  • Corporate and Commercial Transactions
  • Secured Lending

Bar Admissions

  • Delaware, 1994
  • U.S. District Court District of Delaware, 1998
  • U.S. Supreme Court, 2007


  • Temple University School of Law, Philadelphia, Pennsylvania
    • J.D. - 1994
  • Villanova University, Villanova, PA
    • B.A. - 1986

Published Works

  • Michael W. Teichman, "It's All In The Application", Captive Review Delaware Report 2011, Pageant Media, January, 2011
  • Michael W. Teichman, "Protection of Third Party Claimants Under the NAIC Model Unfair Claims Settlement Act", Federation of Regulatory Counsel, Inc., FORC Quarterly Journal, Spring, 2009
  • Michael W. Teichman, "Captive Insurance? What is it, and Why Should I Care?", Delaware Banker, Fall 2007, Vol. 3, No. 4
  • Michael W. Teichman, "Delaware's New Captive Insurance Statute", Federation of Regulatory Counsel, Inc., FORC Quarterly Journal, Spring, 2007
  • F. Michael Parkowski and Michael W. Teichman, "Public Participation in the Coastal Zone Act Permitting Process: Too Much of a Good Thing?", Delaware Lawyer, Summer 2004, pp. 18-23
  • Michael W. Teichman, "Final Rule to Regulate Bank Sales of Insurance", Delaware Law Weekly, August 21, 2001
  • Michael W. Teichman, "Mutual Insurance Holding Company: Should Delaware Pass Legislation to Attract Insurers to the First State", Delaware Law Weekly, July 11, 2000
  • Michael W. Teichman, "Injunctions Under the Uniform Insurers Liquidation Act: Must We Always Take No for an Answer?”, Federation of Regulatory Counsel, Inc., FORC Quarterly Journal, Summer, 2015

Professional Associations and Memberships

  • Delaware State Bar Association
  • Kent County Bar Association
  • Federation of Regulatory Counsel
  • Office of the Child Advocate, State of Delaware, (Guardian Ad Litem)
  • Team Captain, National MS Society MS 150 Bike to the Bay, 2002, 2003, 2004, 2005

116 West Water Street P.O. Box 598 Dover, DE 19903 Phone: (302) 678-3262 Fax: (302) 678-9415 Email: pgs@pgslegal.com

1105 North Market Street 19th Floor
Wilmington, DE 19801 Phone: (302) 654-3300 Fax: (302) 654-3033 Email: pgs@pgslegal.com

19354C Miller Road Rehoboth Beach, DE 19971 Phone: (302) 226-8702 Fax: (302) 226-8704 Email: pgs@pgslegal.com