Commissioner Navarro Issues Bulletin to Insurers Regarding Coronavirus
Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, March 10, 2020
Insurers required to cover testing and telemedicine services related to COVID-19 While no active cases of the virus have been confirmed in Delaware to date, Insurance Commissioner Trinidad Navarro notified insurers today of their duties related to COVID-19. In a bulletin to insurance companies, the Commissioner reminded Delaware’s health insurers that testing for COVID-19 is […]
Delaware Medicare Assistance Bureau to Hold Public Meetings
Captive | Captive Insurance | Insurance Commissioner | Newsroom | Date Posted: Thursday, February 20, 2020
Newly Medicare-eligible residents encouraged to attend Welcome to Medicare: 2020 The Delaware Medicare Assistance Bureau (DMAB), a division of the Department of Insurance, has announced a series of Welcome to Medicare: 2020 events taking place throughout the year. More than a dozen public learning sessions will take place across the state. Participants will learn about […]
Commissioner Navarro Responds Strongly to Report of Premium Increases on Members of the Military
Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, February 13, 2020
Action, legislation, and investigations into “patriot penalties” Delaware Insurance Commissioner Trinidad Navarro responded strongly to a Consumer Federation of America report that Delaware service members may return home from deployment to increased auto insurance premiums, calling the practice completely unacceptable and issuing a formal bulletin to insurance companies about the illegality of this practice in […]
Delaware Captive Insurance Contributes $4 Million to State
Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, February 12, 2020
Captives reduce taxpayer burden Insurance Commissioner Trinidad Navarro announced data showing a strong year of captive insurance formations in Delaware, with 56 licenses provided in 2019, outpacing previous years. “The success of Delaware’s captive insurance program is reflective of the hard work of Delaware’s captive staff in applying firm but fair regulations and finding innovative […]
Companies Save Over $4 Million From Reduced Workers’ Compensation Rates
Captive | Captive Insurance | Insurance Commissioner | Newsroom | Date Posted: Thursday, February 6, 2020
Workplace Safety Program saves $7.6 million for participants The Delaware Department of Insurance has analyzed new filings from the state’s top writers of workers’ compensation insurance after announcing the third consecutive year of decreased rates in November. The top writers represent nearly 10,000 companies that hold policies within the state. Policyholders of these companies will […]
