November 12, 2015
The Delaware Department of Insurance issued a bulletin to all insurance carriers doing business in Delaware, warning them to look out for deceptive invoices. The bulletin No. 80 (“Deceptive Solicitation From ‘Register Delaware’”), issued on Nov. 6, said it has …
November 10, 2015
Delaware Gov. Jack Markell presented Insurance Commissioner Karen Weldin Stewart with a proclamation Monday recognizing the Department of Insurance’s (DOI) licensing of its 1,000 captive insurance company, AWI Inc. of Voorhees, New Jersey. Delaware is currently the sixth-largest captive domicile …
October 22, 2015
Delaware Insurance Commissioner Karen Weldin Stewart announced Wednesday that her department will not approve any auto insurance company’s rate submission that includes a “widow’s penalty,” under which a widow or widower is charged a higher rate based solely on the …
September 22, 2015
Delaware Insurance Commissioner Karen Weldin Stewart and the Delaware Department of Insurance announced that the Department has recovered $995,558 for consumers during the first six months of 2015. The Delaware Department of Insurance said its Consumer Services Division received 2,345 …
September 3, 2015
The Delaware Compensation Rating Bureau (DCRB) announced that it has submitted to the Delaware Department of Insurance a filing of revisions to the state’s Residual Market Plan, voluntary market loss costs and related rating values with a proposed effective date …
July 20, 2015
Delaware Insurance Commissioner Karen Weldin Stewart announced Monday the appointment of attorney Hardy Drane as deputy commissioner for the Delaware Department of Insurance. “I am happy to announce that I talked Hardy out of retirement and convinced him to come …
April 1, 2015
The Delaware Department of Insurance (DOI) announced it recovered more than $2.1 million for policyholders in 2014, and helped business owners save nearly $9.3 million in workers’ compensation insurance costs. The DOI also collected over $94.6 million dollars through fees, …
January 28, 2015
Delaware Insurance Commissioner Karen Weldin Stewart today announced the approval of the Delaware Compensation Rating Bureau’s (DCRB) workers’ compensation amended rate filing, resulting in overall average decreases of 9.7 percent in the residual market rate and 11.5 percent in the …
January 2, 2015
Delaware Insurance Commissioner Karen Weldin Stewart announced that the state’s Department of Insurance has scheduled a public hearing for Jan. 12 and 13 to receive public comment on the proposed decrease in both the workers’ compensation voluntary market loss costs …
December 11, 2014
Delaware Insurance Commissioner Karen Weldin Stewart announced that the Department of Insurance now offers public the ability to view the state’s insurance rate and form filings electronically via the System for Electronic Rate and Form Filing (SERFF) interface, also commonly …