Delaware News

Delaware Orders 11.5% Workers’ Comp Rate Cut

Delaware Insurance Commissioner Matt Denn is ordering a 11.57 percent across-the-board cut in average workers compensation premium rates effective October 1, 2008. Denn also said that he will consider making additional reductions within the next 60 days. Combined with a …

Campaign Donations Focus of Del. Insurance Commissioner Debate

The leading candidate in the race for the Democratic Party’s nomination for state insurance commissioner is defending himself from attacks from his rivals about his campaign contributions. During a debate Wednesday on WDEL radio, candidates Tom Savage and Karen Weldin …

West Virginia Governor, DuPont Met over Appeal of $196M Verdict

Gov. Joe Manchin’s office acknowledged that he conferred twice with chemical giant DuPont as it planned to appeal a $196 million punitive damage award in a West Virginia pollution case. His office also reviewed a draft friend-of-the-court brief offered by …

Wisconsin Insurance Company President Dies in 2 Car Collision

The president of Mt. Morris Mutual Insurance Co. in Coloma and his 8-year-old grandson have died in a two-vehicle crash in Jackson County, Wis. Seventy-two-year-old Howard Fenske and Blake Fenske died about 5 a.m. Monday morning on Interstate 94. Wisconsin …

Storm Damages Closes Delaware Zoo

Delaware officials say the Brandywine Zoo in Wilmington will be closed through at least Wednesday after sustaining what is described as major damage during a powerful storm. Zoo Director Nancy Falasco says the animals are fine and the zoo is …

Delaware Police Issue 840 Speeding Tickets in 1 Month

Police in Delaware issued 840 speeding citations, including nearly 200 in one week, in the first month of a statewide crackdown on speeding. The state highway safety department is promoting the initiative, which also led to 14 aggressive driving arrests …

It Figures

$475,000 Amount spent on state lobbyists in Massachusetts by Commerce Insurance Group in the first six months of 2008 – making it the largest single spender on lobbying in that time frame. The expenditures come as the state’s largest auto …

People

Jacksonville, Florida-based insurer The Main Street America Group named Joe Meholic president of its Richmond, Virginia region. In his new role as regional president, Meholic will be accountable for the direction, management and performance of the Richmond region, which encompasses …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Personal Umbrella – Hard-To-Place Clients Market Detail: International Excess Agency Inc. offers several specialized personal …

Delaware Amends Insurance Law to Let Retired Surgeons Serve Veterans

A new Delaware law makes it easier for some retired doctors to practice for the Veterans Affairs Hospital in Elsmere. The legislation eliminates an insurance barrier preventing retired surgeons from working at the hospital. Under existing law, the retirees couldn’t …