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Delaware News


  Category: Captive Insurance


More than $830,000 Earned for Residents through Insurance Arbitration

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, January 29, 2020

Consumers won nearly 90% of arbitration cases in 2019 The Delaware Department of Insurance announced that its arbitration services program earned residents $839,466 in awards during 2019. Considering overlap from the previous year, 354 settlements occurred, and 144 cases were heard. Residents prevailed in about 90% of all cases. In total, the Department opened 502 […]



Department of Insurance Celebrates Response to Fraud in 2019

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, January 22, 2020

The Delaware Department of Insurance made great strides in fraud detection and response during 2019. Throughout the year, 6 criminal arrests that included 21 charges were recommended from the Department’s Fraud Prevention Bureau to the Department of Justice, and 16 civil cases were brought forward resulting in more than $21,000 in fines. The Bureau received 551 referral cases in 2019.



Commissioner Trinidad Navarro Appointed Chair of National Antifraud Task Force

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, January 16, 2020

Delaware Commissioner selected from leaders across the country to head important consumer-focused committee Delaware Insurance Commissioner Trinidad Navarro was appointed Chair of the National Association of Insurance Commissioner’s Antifraud Task Force this week. Commissioner Navarro previously served as Vice-Chair of the committee, and served in law enforcement for much of his career before his election […]



Department of Insurance Recovers Nearly $700,000 in Fines through Company Compliance Exams

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, January 13, 2020

Investigations result in discovery and correction of issues impacting consumers The Delaware Department of Insurance’s Market Conduct Examinations resulted in the receipt of nearly $700,000 in fines during 2019 from more than a dozen companies found to violate the Insurance Code or other related regulations. The fines are contributed to the General Fund, providing funding […]



Consumer Alert: Medicare Prescription Plan Finder Causes Confusion

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Tuesday, November 26, 2019

The federal government’s newly-revamped tool can lead to increased costs. Commissioner Trinidad Navarro has released a rare consumer alert regarding Medicare’s newly-updated Prescription Plan Finder. Throughout this year’s open enrollment period, which ends on December 7, the Department of Insurance has received numerous complaints about the tool and anticipated prescription drug costs. The Prescription Plan […]






  Category: Captive Insurance

More than $830,000 Earned for Residents through Insurance Arbitration

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, January 29, 2020

Consumers won nearly 90% of arbitration cases in 2019 The Delaware Department of Insurance announced that its arbitration services program earned residents $839,466 in awards during 2019. Considering overlap from the previous year, 354 settlements occurred, and 144 cases were heard. Residents prevailed in about 90% of all cases. In total, the Department opened 502 […]



Department of Insurance Celebrates Response to Fraud in 2019

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, January 22, 2020

The Delaware Department of Insurance made great strides in fraud detection and response during 2019. Throughout the year, 6 criminal arrests that included 21 charges were recommended from the Department’s Fraud Prevention Bureau to the Department of Justice, and 16 civil cases were brought forward resulting in more than $21,000 in fines. The Bureau received 551 referral cases in 2019.



Commissioner Trinidad Navarro Appointed Chair of National Antifraud Task Force

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, January 16, 2020

Delaware Commissioner selected from leaders across the country to head important consumer-focused committee Delaware Insurance Commissioner Trinidad Navarro was appointed Chair of the National Association of Insurance Commissioner’s Antifraud Task Force this week. Commissioner Navarro previously served as Vice-Chair of the committee, and served in law enforcement for much of his career before his election […]



Department of Insurance Recovers Nearly $700,000 in Fines through Company Compliance Exams

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, January 13, 2020

Investigations result in discovery and correction of issues impacting consumers The Delaware Department of Insurance’s Market Conduct Examinations resulted in the receipt of nearly $700,000 in fines during 2019 from more than a dozen companies found to violate the Insurance Code or other related regulations. The fines are contributed to the General Fund, providing funding […]



Consumer Alert: Medicare Prescription Plan Finder Causes Confusion

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Tuesday, November 26, 2019

The federal government’s newly-revamped tool can lead to increased costs. Commissioner Trinidad Navarro has released a rare consumer alert regarding Medicare’s newly-updated Prescription Plan Finder. Throughout this year’s open enrollment period, which ends on December 7, the Department of Insurance has received numerous complaints about the tool and anticipated prescription drug costs. The Prescription Plan […]