Latest Delaware Headlines
All the headlines from our Delaware Topic Page, ordered by recency.
Delaware Licensed 189 Captives in 2015
Feb 22 2016 // Delaware Insurance Commissioner Karen Weldin Stewart said 2015 marked another record year of captive insurance formations in Delaware. Stewart said Delaware last year licensed 74 pure captive insurers, three special...
Delaware Licensed 189 Captive Entities in 2015
Feb 12 2016 // Delaware Insurance Commissioner Karen Weldin Stewart said 2015 marked another record year of captive insurance formations in Delaware. Stewart said Delaware last year licensed 74 pure captive insurers, three special...
21st Century Insurance Cutting 50 Positions in Delaware
Feb 10 2016 // Farmers Insurance Group said it recently notified some 50 21st Century Insurance employees in Wilmington, Delaware, that their positions would be eliminated. The move comes as Los Angeles-based Farmers Insurance continues...
Delaware Officials Look at Health Exchange Enrollment
Feb 5 2016 // Delaware officials are still awaiting final numbers from the federal government, but say enrollment on Delaware’s health insurance exchange appears to be increasing. Sunday was the deadline to sign up for exchange...
Delaware Commissioner Fines Highmark, Aetna $483K
Jan 12 2016 // Delaware Insurance Commissioner Karen Weldin Stewart announced she has fined Highmark Blue Cross Blue Shield Delaware $383,000 for violations, including failure to pay health insurance policyholder claims in a timely...
Judge Throws Out ‘Everybody Does It’ Defense in Shareholder Class Action
Jan 7 2016 // Corporate legal battles are often decided on nuanced readings of dense statutes, but one recent ruling that could expose scores of U.S. companies to shareholder lawsuits turned partly on a much simpler defense: everybody...
Insurance Journal’s Most Popular East Region Stories of 2015
Dec 31 2015 // As the year 2015 comes to a close, here’s a look at InsuranceJournal.com’s most popular East region news stories of the year. Among the 1,100 stories posted in the East region this year, the following were 50...
Delaware Extends Driving Privileges to Undocumented Immigrants
Dec 31 2015 // Dozens of people in Delaware have begun the process of obtaining a new state-issued card that will give driving privileges to those in the country illegally. The News Journal of Wilmington, Delaware, reports that...
Delaware Decriminalizes ‘Personal Use’ Marijuana Possession
Dec 21 2015 // Delaware has officially decriminalized possession by adults of small amounts of marijuana. A decriminalization law signed in June by Delaware Gov. Jack Markell took effect Dec. 18. The law makes possession by an adult of a...
A Look at the Highest Paid U.S. Corporate Director Posts
Dec 21 2015 // Outsize pay for chief executive officers has been a bone of contention among shareholder activists for years. What’s less known is that the directors on board-compensation committees — the very people who...
Delaware Issues Bulletin on PIP Subrogation Claims
Dec 21 2015 // The Delaware Department of Insurance is reminding auto insurers that broad release language in settlement agreements which technically preclude a personal injury protection (PIP) carrier from pursuing its subrogation claim...
Delaware City Pays $15K Deductible in Settling Police Kick Lawsuit
Dec 15 2015 // Officials say a Delaware city has paid its $15,000 insurance deductible in settling a lawsuit filed by the American Civil Liberties Union after a white police officer kicked a black suspect in the head and broke his...
Delaware Warns Insurers About Circumventing PIP Subrogation Claims
Dec 15 2015 // The Delaware Department of Insurance is reminding auto insurers that broad release language in settlement agreements which technically preclude a personal injury protection (PIP) carrier from pursuing its subrogation claim...
Health Insurers to Rebate More Than $2M to Delaware Consumers
Dec 7 2015 // Delaware Insurance Commissioner Karen Weldin Stewart announced that insurers will issue more than $2 million in rebates to 14,399 health insurance policyholders in Delaware as a result of the Affordable Care Act’s...
Delaware Marks Licensing of 1,000th Captive
Dec 7 2015 // Delaware Gov. Jack Markell presented Insurance Commissioner Karen Weldin Stewart with a proclamation on Nov. 9 recognizing the Department of Insurance’s (DOI) licensing of its 1,000 captive insurer, AWI Inc. of...
Judge Says Kinder Morgan Owes Investors Damages for El Paso Pipeline Deal
Dec 4 2015 // Energy pipeline operator Kinder Morgan Inc. is on the hook for the bulk of $171 million in damages owed to investors in an affiliate of El Paso Corp., which Kinder Morgan acquired in 2014, a Delaware judge ruled on...
Del. Court of Chancery Vice Chancellor Noble to Retire in February
Nov 20 2015 // One of the most important venues for U.S. corporate disputes, Delaware’s Court of Chancery, will lose one of its five judges when Vice Chancellor John Noble retires in February. Noble, 64, informed Delaware Governor...
Delaware OKs 7.2% Increase in Workers’ Comp Voluntary Market Loss Costs
Nov 17 2015 // Delaware Insurance Commissioner Karen Weldin Stewart today announced the approval of Delaware Compensation Rating Bureau (DCRB)’s workers’ compensation amended rate filing, resulting in an overall average...
Delaware Won’t Approve ‘Widow’s Penalty’ in Setting Auto Rates
Nov 16 2015 // Delaware Insurance Commissioner Karen Weldin Stewart announced that her department will not approve any auto insurance company’s rate submission that includes a “widow’s penalty,” under which a...
People – East
Nov 16 2015 // The Hilb Group, a middle market insurance agency based in Richmond, Virginia, hired David Hobbs as president and chief operating officer. The title of president was previously held by Chief Executive Officer Robert Hilb...
