Dover -The public hearing scheduled for November 20, 2012 has been re-scheduled to December 20, 2012 to provide the Delaware Department of Insurance the opportunity to perform a complete target examination prior to the public hearing.
The PUBLIC HEARING will be held on Thursday, December 20, 2012, at 10:00 a.m. at the Carvel State Office Building, 820 North French Street, 2nd Floor Auditorium, Wilmington, DE 19801.
Pursuant to 18 Del. C. §§ 2605 and 2610, and 29 Del. C. §§ 10121-29, the purpose of the hearing is to allow for public comments and to determine whether a particular proposed rate is excessive, inadequate, or unfairly discriminatory and whether such rate is in compliance with Chapter 26 of Title 18 of the Delaware Code, namely, Delaware Compensation Rating Bureau Filing No. 1201 filed with the Delaware Department of Insurance on August 14, 2012. The docket number assigned to this hearing is 2074-2012.
The hearing will be conducted in accordance with the Delaware Administrative Procedures Act, 29 Del. C. Chapter 101. A party has the right to present evidence, be represented by Delaware counsel, and to appear personally or by other representative. The Delaware Department of Insurance is obligated to reach its decision based on the evidence received.
Comments are being solicited from any person. Comments may be in writing or may be presented orally at the Hearing. Written comments must be received no later than Thursday, December 13, 2012 by 4:30 p.m., and should be addressed to the attention of Rhonda West, Regulatory Specialist, Delaware Department of Insurance, 841 Silver Lake Boulevard, Dover, DE 19904. Also, those intending to provide oral comments at the hearing must notify Rhonda West at 302.674.7379 or Rhonda.West@state.de.us, no later than 4:30 p.m., Thursday, December 13, 2012.