August 30, 2017
After an investigation by the Department of Insurance Fraud Prevention Bureau, two Wilmington, Del., residents were indicted on Monday, August 7, 2017, by a New Castle County grand jury. Lisa Mitchell and Robert Jones were indicted on two felony counts …
August 2, 2017
On Tuesday, August 1, 2017, Delaware Governor John Carney signed into law House Substitute 1 for House Bill 80 (HS 1 for HB 80), a consumer fairness bill that targets unfair discriminatory practices by automobile and homeowners insurance companies to …
June 29, 2017
The Delaware State Senate has voted nearly unanimously (24-1) to pass House Substitute 1 for House Bill 80 (HS 1 for HB 80). This measure, a substitute to the Department of Insurance’s original HB 80, targets unfair discriminatory practices used …
June 7, 2017
Delaware Insurance Commissioner Trinidad Navarro has taken steps to streamline the licensing process for insurance adjusters who come to Delaware. The aim of this initiative is to immediately help consumers who have filed a claim due to an emergency or …
May 16, 2017
Aetna Inc. has informed the Delaware Department of Insurance that it will not participate in the health insurance marketplace in Delaware for 2018. As a main reason for its exit, Aetna cited an approximate $700 million loss for individual policies …
May 12, 2017
Delaware Insurance Commissioner Trinidad Navarro announced at The Delaware Captive Insurance Association’s (DCIA) Spring Forum that Steve Kinion will continue his leadership as Captive Bureau Director for another year. The announcement comes after Kinion’s contract expired on April 1 of …
April 20, 2017
The Delaware Department of Insurance, along with insurance regulators for forty-eight other jurisdictions, have reached a multi-million dollar settlement with Assurant Inc. regarding the company’s writing of force-placed property insurance, of which Assurant is the nation’s largest writer. Force-placed property …
March 14, 2017
A request by Windsor-Mount Joy Mutual Insurance Company (WNMJ) to increase insurance rates on more than 2,000 manufactured housing policyholders in Delaware by 20%-30% has been denied by Delaware Insurance Commissioner Trinidad Navarro, according to a press release issued by …
February 23, 2017
The Delaware Department of Insurance has announced that it has begun the search for a new Director of the Bureau of Captive Insurance and Financial Products once current director Steve Kinion’s contract expires April 1, 2017. This is because the …
January 13, 2017
The Delaware Department of Insurance is investigating a security breach involving Summit Reinsurance Services Inc. (SummitRe) and BCS Financial Corporation, both subcontractors of Highmark BlueCross BlueShield of Delaware. The department was made aware of the breach as a result of …