The state of Delaware has lost its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers, a fight the state took all the way to the Supreme Court. The Supreme Court on Monday declined …
The Delaware Department of Insurance is not forcing insurers to raise premiums, and anyone who says otherwise could lose their license and face fines of $10,000, the department warned in a bulletin this week. “The department continues to regularly receive …
Tropical Storm Isaias produced tornado activity, heavy rain and flooding, hail and strong winds throughout Delaware, causing significant destruction in several Delaware communities, according to a press release issued by the Delaware Insurance Department. Insurance Commissioner Trinidad Navarro visited residents …
A federal lawsuit has accused top Delaware insurance department officials of workplace sexual and racial harassment. The Delaware News Journal reports an insurance department employee announced the suit Wednesday accusing Commissioner Trinidad Navarro of inappropriately touching her cornrows and making …
A federal lawsuit has accused top Delaware insurance department officials of workplace sexual and racial harassment. The Delaware News Journal reports an insurance department employee announced the suit Wednesday accusing Commissioner Trinidad Navarro of inappropriately touching her cornrows and making …
In 2018, Delaware licensed 46 newly formed captive insurers despite a challenging environment, according to Delaware Insurance Commissioner Trinidad Navarro in a press release issued by the Delaware Insurance Department. “Captive insurance formations faced a number of challenges in 2018, …
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, …
The Delaware insurance department announced that a total of $940,995 has been recovered for the state’s consumers during the first six months of 2013. The department announced on Aug. 16 that its consumer services division has recovered $446,697 for Delaware …
Delaware’s insurance department announced it has fined State Farm Fire and Casualty Company a $150,000 penalty for failing to include in some of its non-renewal notices a written explanation of the specific reasons for non-renewal. The insurer has also been …
