Latest Delaware Headlines
All the headlines from our Delaware Topic Page, ordered by recency.
Delaware Hears Proposed 10% Workers’ Comp Hike Today
Oct 26 2005 // The First State’s Insurance Commissioner Matthew Denn is today holding what he thinks may be the state’s first true public hearing on workers’ compensation rates. The subject of today’s hearing will...
Hartford to Issue Refunds in Delaware Over Error in Credit Scoring
Oct 24 2005 // In July, James Fry of Dagsboro, e-mailed Delaware Insurance Commissioner Matt Denn about an increase in his homeowner insurance premium that he knew couldn’t be right. Fry asked for an explanation of a proposed...
Wilmington Trust Expands Captive Insurance Management Services
Sep 28 2005 // Wilmington Trust, a provider of specialized management and fiduciary services to corporations worldwide, is expanding the reach of its captive insurance management services. Wilmington Trust entered the growing captive...
Delaware in Market for Director for Revised Captive Insurance Division
Sep 15 2005 // Delaware Insurance Commissioner Matt Denn and the Department of Insurance are seeking applicants for the position of director of the department’s newly-revised captive insurance company division. Under a law enacted...
Del. Captive Insurance Association Applauds New State Legislation
Aug 25 2005 // At a ceremonial bill signing held earlier in the week, the Delaware Captive Insurance Association (DCIA) commended the Delaware General Assembly and Delaware Gov. Ruth Ann Minner for the recent passage of House Bill 218,...
LEG SESSION DIFFICULT, NOT DAMAGING:
Aug 8 2005 // The 143rd Delaware General Assembly wrapped up its 2005 biennial session with the passage of the budget bill on June 30 and without the passage of legislation that would have negatively impacted insurers according to the...
News Briefs
Aug 8 2005 // National Poll Reveals Americans’ Views on Aging: A poll by the MetLife Mature Market Institute conducted by Zogby International shows that 60 percent of Americans believe “old” is age 71 and over, but...
Del. Restricts Homeowners Renewals, Requires ‘Gap’ Disclosure
Aug 7 2005 // Delaware Insurance Commissioner Matthew Denn wants to restrict insurers from canceling homeowners’ insurance policies because they have made a few claims and require insurers to more fully disclose to insureds...
Del. Chief Vows to Lower Med-Mal Rates Using Claims Tracking System
Jul 29 2005 // Delaware’s new system to track the results of medical malpractice claims is up and running, with the goal of lowering medical costs by proving to insurance companies that Delaware is a favorable place to insure...
Delaware Commissioner Wants To Publicize Complaints Against Insurers
Jul 21 2005 // Delawareans would be able to evaluate insurance companies based on the number and kinds of valid complaints made against them by their customers under a new system proposed by Delaware Insurance Commissioner Matthew...
State Farm Trims Del. Homeowners Rates by Average of 5%
May 11 2005 // Delaware Insurance Commissioner Matt Denn announced that State Farm Insurance, the state’s largest insurer of homes and second largest insurer of automobiles, would cut its automobile and homeowners insurance rates...
MED-MAL SOLUTIONS SOUGHT:
Apr 18 2005 // Delaware Insurance Commissioner Matt Denn and a bi-partisan group of legislative leaders, physicians, and civic leaders announced a five-part plan to address medical malpractice insurance rates: A high-profile recruitment...
Pa. Counties Flood for Second Time in 7 Months
Apr 11 2005 // The grim task of damage assessment continued last week as officials in nine Pennsylvania counties took note of houses, businesses, roads and bridges stricken by flooding from rains last weekend. Thousands of structures up...
Pa. Gov. Requests Accelerated Presidential Disaster Declaration Process Following Weekend Storm
Apr 7 2005 // Pennsylvania Gov. Edward Rendell has sent a letter to President George W. Bush regarding last weekend’s flooding along the Delaware and Susquehanna Rivers. Because many of the flood-impacted areas suffered extensive,...
Insurers Warn in Study: Unprofitable Del. Auto Insurance Market Could Face Reduced Competition
Apr 6 2005 // Even after investment income is considered, underwriting private passenger automobile insurance in Delaware has been unprofitable for the past five years, according to a study done by the Property Casualty Insurers...
Hundreds Evacuated as Delaware River Floods
Apr 6 2005 // After Hurricane Ivan filled their little ranch house in Easton, Pa. with several feet of water, Dale and Charlotte Barr spent $40,000 to get it back in shape, doing most of the work themselves. They were just about to...
Del. Undertakes 5-Point Plan to Address Medical Malpractice and Attract More Competition
Apr 4 2005 // Delaware Insurance Commissioner Matt Denn and a bi-partisan group of legislative leaders, physicians, and civic leaders announced today a series of initiatives to address Delaware’s medical malpractice insurance...
Del. Cracks Down on Auto Insurance Fraud
Apr 1 2005 // Delaware Insurance Commissioner Matt Denn has initiated a crackdown by his department on auto insurance fraud. Denn announced several policy changes in the way auto insurance fraud cases are handled, including makeing them...
Del. Moves to Yank License Plates of Uninsured Drivers
Mar 18 2005 // Delaware Insurance Commissioner Matt Denn has asked the Senate Public Safety Committee to send Senate Bill 20, a bipartisan bill improving the state’s enforcement tools against uninsured drivers, to the full Senate...
Delaware Senate Panel Weighs Pros and Cons of Ban on Insurers’ Use of Credit Scoring
Mar 16 2005 // Delaware Insurance Commissioner Matt Denn urged the Senate Insurance and Elections Committee to pass Senate Bill 2, which would prohibit the use of credit scoring in auto and homeowners insurance policies in Delaware. Denn...
