Delaware Insurance Commissioner Karen Weldin Stewart approved the Delaware Compensation Rating Bureau (DCRB)’s workers’ compensation amended rate filing, which recommends no changes in the overall levels of residual market rates and voluntary market loss costs for 2017. “I hope this …
Delaware Insurance Commissioner Karen Weldin Stewart is encouraging Delaware residents to take action now to prepare for potential damages and interruptions from Hurricane Matthew. Although it is too early to predict the long-term track of the storm, residents are encouraged …
Delaware Insurance Commissioner Karen Weldin Stewart announced Thursday that she has received rate request filings from Highmark Blue Cross Blue Shield of Delaware, Aetna Inc. and Aetna Life for individual and small group plans to be offered on Delaware’s Health …
Delaware Insurance Commissioner Karen Weldin Stewart has fined insurance companies a total of $83,300 during the first quarter of 2016 for violating state insurance regulations. Fines generally result from a market conduct examination of a company’s practices performed by the …
Delaware Insurance Commissioner Karen Weldin Stewart is advising consumers to beware of unscrupulous tax preparers this tax-filing season. Stewart said Thursday that the Department of Insurance has received reports of tax preparers who are wrongly informing Delawareans without health insurance …
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 fashion. Regulators said that from September 2013 to September 2014, …
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 …
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 …
Last year was another record-setting year for Delaware’s captive insurance industry, the state’s Insurance Commissioner Karen Weldin Stewart recently announced. Delaware’s captive bureau licensed 87 captive insurers and 141 series business units in 2014, Stewart said on Feb. 12. “I …
Indemnity Insurance Corp., which insures nightclubs, is at the center of a legal tug of war between its founder and the Delaware insurance commissioner. The dispute between company founder Jeffrey B. Cohen and Commissioner Karen Weldin Stewart involves the state’s …
