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  Category: Insurance Commissioner


Delaware Insurance Commissioner Karen Weldin Stewart Schedules Public Hearing on Proprosed Workers’ Compensation Rate Increase Filing

Date Posted: Tuesday, October 2nd, 2012
Categories:  Insurance Commissioner News

INSURANCE COMMISSIONER KAREN WELDIN STEWART, CIR-ML, hereby gives notice that a PUBLIC HEARING will be held on Friday, November 2, 2012, at 10:00 a.m. at the Department of Justice, 820 North French Street, 6th Floor, 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.




Commissioner Stewart Announces the Transfer of $250,000 to the City of Wilmington as a Result of Delaware Captive Surplus

Date Posted: Friday, August 24th, 2012
Categories:  Captive Insurance Insurance Commissioner

Economic opportunity, triple digit tax revenue growth, and the recognition of Delaware as an insurance industry leader are the ways to describe Insurance Commissioner Karen Weldin Stewart’s captive insurance program. Today, Commissioner Karen Weldin Stewart is proud to announce that under her leadership, The Delaware Department of Insurance has given $250,000 to the City of Wilmington due to the success of the Captive Bureau at the Delaware Department of Insurance.




Delaware Receives $1.8 Million Dollars As Lead State Share from AIG Multi-State Settlement

Date Posted: Friday, June 22nd, 2012
Categories:  Insurance Commissioner

Delaware Insurance Commissioner Karen Weldin Stewart announced today that Delaware, as a lead state, will receive one million, eight hundred and twenty thousand and two hundred and ninety-seven dollars ($1,820,297) from AIG and its workers compensation insurance affiliates.




Captive Insurance Program Inaugural Class Graduates

Date Posted: Monday, June 4th, 2012
Categories:  Captive Insurance Insurance Commissioner

On June 6, twenty-five participants will complete the captive insurance risk management certificate program offered by University of Delaware in partnership with the Delaware Department of Insurance.




Commissioner Karen Weldin Stewart Reports The Passage Of The Mini-Cobra Law

Date Posted: Tuesday, May 29th, 2012
Categories:  Insurance Commissioner

Commissioner Karen Weldin Stewart is happy to report the passage of House Bill 170–the Mini-Cobra Law. On May 22, 2012, Governor Markell signed into law this bill which amends Title 18 of the Delaware Insurance Code relating to group health insurance.




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