Delaware Department of Insurance News

DCRB Seeks Decrease in Del. WC Voluntary Loss Costs, Residual Market Rates

The Delaware Department of Insurance said it has received the Delaware Compensation Rating Bureau’s (DCRB) filing proposing a decrease in both the workers’ compensation voluntary market loss costs and the residual market rates for 2015. DCRB’s filing No. 1404 proposes …

Delaware Insurance Department Appoints Grant as Communications Director

Delaware Insurance Commissioner Karen Weldin Stewart announced that she has named Jerry Grant as communications director for the Department of Insurance. Grant spent nine years with the Democratic Caucus in the Delaware House of Representatives, the last two as deputy …

Delaware Regulators Recover $1.4M for Consumers in 1st Half of 2014

The Delaware Department of Insurance reported that regulators recovered more than $1.4 million for consumers in the first six months of 2014. This amount represents an increase of 49.57 percent in funds recovered for Delaware consumers compared to the same …

Delaware Regulators: 2012 Was ‘Best Year Ever’ for Captive Growth

The Delaware Department of Insurance announced recently the final projection for the number of captive licenses the captive bureau anticipates issuing for 2012. The regulators said 2012 was the best year ever for the state’s captive growth and that Delaware …