Delaware News

Del. Regulator Backs Health Pool; Cites New Risk Retention Group

Delaware Insurance Commissioner Matt Denn urged General Assembly budget writers to fund the creation of a health insurance pool that could cover 10,000 Delawareans. He also reported that a group of Kent County doctors has decided to form a risk …

Royal & Sun Management Buyout Clears Hurdle; Final OK Expected

A state hearing officer recommended Friday that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations. The proposed buyout was the subject of a lengthy hearing last month, and …

Del. Focuses on Workplace Safety for Hispanic Construction Contractors

As Delaware’s rural landscape gives way to housing developments, immigrant workers who once took jobs in the agriculture and poultry industries are turning to home construction and landscaping. While reaping the rewards, those workers also have become prone to workplace …

FEMA Approves Public Assistance for 22 Okla. Counties

The federal government approved public disaster assistance for 18 more Oklahoma counties on Feb. 2, a day after Gov. Brad Henry expressed frustration over its refusal to qualify all 23 counties he sought disaster declarations for following devastating ice storms …

Best Affirms QBE Ratings; Off Review

A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” and all debt ratings of Australia’s QBE Insurance Group Limited, and the financial strength ratings (FSR) of “A” (Excellent) and the ICRs of “a+” of UK-based QBE Insurance …

Maryland Told It Must Comply with Federal Real ID Driver’s License Act

Maryland must comply with the federal Real ID Act, Transportation Secretary nominee John D. Porcari told the Judiciary Committee on Tuesday. The Real ID Act mandates that states verify documents proving an applicant is a U.S. citizen or has some …

California AG Reaches $8 Million Settlement with Bayer Corp.

California Attorney General Jerry Brown has reached an $8 million, 30-state settlement with Bayer Corp. that will resolve an enforcement action initiated because of Bayer’s failure to adequately disclose safety risks associated with the use of Baycol, a drug used …

Washington Commissioner Issues Multiple Fines, Enforcement Actions

Washington’s Office of the Insurance Commissioner has ordered UnitedHealthcare Insurance Co. of Minneapolis to pay a $59,000 fine following an agency investigation into the company’s use of unapproved contracts to add chiropractors to its provider network. The agency ordered the …

Virginia Panel Endorses Lowering Penalty for Riding without Helmet

A Virginia House of Delegates committee endorsed legislation Friday to significantly reduce the penalty for riding a motorcycle without a helmet. The Militia, Police and Public Safety Committee voted 9-4 to send Del. Watkins Abbitt’s bill to the House floor. …

New Markets

Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory …