Delaware Insurance Commissioner Karen Weldin Stewart has issued a bulletin which provides guidance to make it easier for captive insurers to comply with the new requirements within the federal Protecting Americans from Tax Hikes (PATH) Act. Captive Insurance Bulletin No. 6 establishes procedures so that owners of captive insurance companies may satisfy the PATH Act’s new mandates for owning captives.
Insurance Commissioner Karen Weldin Stewart today approved the Delaware Compensation Rating Bureau (DCRB)’s workers’ compensation amended rate filing, which recommends no changes in residual market rates or in voluntary market loss costs for 2017.
Insurance Commissioner Karen Weldin Stewart today released Delaware’s Qualified Health Plan average rates for Plan Year 2017. The approved rates are average rates; some consumers may pay more, some less. Under Delaware law, the Commissioner evaluates the reasonableness of rates to ensure they are not excessive, inadequate or unfairly discriminatory.
The Department of Insurance has a Storm Preparedness webpage filled with resources and information about what to do before, during and after a major storm. There’s an abundance of information about protecting your home or business from damage, and tips for preparing for meeting with an adjuster if your property sustains damages.
Commissioner Stewart helps Baby Boomers and Gen Xers navigate empty nest reversal DOVER, DE — Nearly half of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting an adult child.1 These baby boomers and members of Generation X are feeling the pressure of […]
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