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Delaware News



  Category: Insurance Commissioner


Delaware Launches D&O Guidance, Other Improvements to Foster Captive Industry Growth

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, October 23, 2023

Process and regulatory changes developed in partnership with the Delaware Captive Insurance Association Insurance Commissioner Trinidad Navarro and the Delaware Captive Insurance Association (DCIA) are proud to announce a series of process and regulatory improvements intended to ensure Delaware remains a top domicile for businesses seeking to form captive insurance companies. The news was shared […]




Navarro Announces Seventh Consecutive Workers’ Comp Rate Decrease

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, October 11, 2023

New rates will be effective December 1 UPDATE: Following a review of the Delaware Compensation Rating Bureau (DCRB) filing by independent actuaries and a public hearing with DCRB and the State’s Ratepayer Advocate, the final Workers’ Comp rates have been approved. Commissioner Navarro is proud to announce that additional decreases have been negotiated from the […]




Medicare Assistance Bureau: Open Enrollment Reminders

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, October 2, 2023

As Medicare Open Enrollment approaches, the Delaware Department of Insurance and its Medicare Assistance Bureau (DMAB) are sharing their annual consumer information update. From October 15 to December 7, consumers can join, switch, or drop a Medicare Prescription Drug Plan (Part D) or Medicare Advantage Plan. DMAB’s free, confidential, unbiased one-on-one assistance can help residents determine if making a coverage change is the right choice. In 2022, the team completed 5,123 counseling sessions, saving beneficiaries a combined $1.5 million.




Navarro Announces New Health Insurance Marketplace Carriers, 2024 Individual Rates

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, August 31, 2023

Increased competition means more options for Delawareans, employers For the second consecutive year, Delawareans will have access to increased options on the Health Insurance Marketplace, Insurance Commissioner Trinidad Navarro announced today, with 57 total plans offered by four insurers. In the 2024 plan year, consumers will have the opportunity to purchase plans from Celtic Insurance […]




Insurers and Agents Required to Provide Rate Explanations

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, August 8, 2023

Recent reports of misleading comments in response to consumer questions prompt bulletin re-issuance The Delaware Department of Insurance has been made aware of recent misrepresentations related to the basis for premium changes in consumer-facing communications. In response, the department is reminding agents, producers, and insurers of their obligations to provide full explanations of rate changes […]







  Category: Insurance Commissioner

Delaware Launches D&O Guidance, Other Improvements to Foster Captive Industry Growth

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, October 23, 2023

Process and regulatory changes developed in partnership with the Delaware Captive Insurance Association Insurance Commissioner Trinidad Navarro and the Delaware Captive Insurance Association (DCIA) are proud to announce a series of process and regulatory improvements intended to ensure Delaware remains a top domicile for businesses seeking to form captive insurance companies. The news was shared […]




Navarro Announces Seventh Consecutive Workers’ Comp Rate Decrease

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, October 11, 2023

New rates will be effective December 1 UPDATE: Following a review of the Delaware Compensation Rating Bureau (DCRB) filing by independent actuaries and a public hearing with DCRB and the State’s Ratepayer Advocate, the final Workers’ Comp rates have been approved. Commissioner Navarro is proud to announce that additional decreases have been negotiated from the […]




Medicare Assistance Bureau: Open Enrollment Reminders

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, October 2, 2023

As Medicare Open Enrollment approaches, the Delaware Department of Insurance and its Medicare Assistance Bureau (DMAB) are sharing their annual consumer information update. From October 15 to December 7, consumers can join, switch, or drop a Medicare Prescription Drug Plan (Part D) or Medicare Advantage Plan. DMAB’s free, confidential, unbiased one-on-one assistance can help residents determine if making a coverage change is the right choice. In 2022, the team completed 5,123 counseling sessions, saving beneficiaries a combined $1.5 million.




Navarro Announces New Health Insurance Marketplace Carriers, 2024 Individual Rates

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, August 31, 2023

Increased competition means more options for Delawareans, employers For the second consecutive year, Delawareans will have access to increased options on the Health Insurance Marketplace, Insurance Commissioner Trinidad Navarro announced today, with 57 total plans offered by four insurers. In the 2024 plan year, consumers will have the opportunity to purchase plans from Celtic Insurance […]




Insurers and Agents Required to Provide Rate Explanations

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, August 8, 2023

Recent reports of misleading comments in response to consumer questions prompt bulletin re-issuance The Delaware Department of Insurance has been made aware of recent misrepresentations related to the basis for premium changes in consumer-facing communications. In response, the department is reminding agents, producers, and insurers of their obligations to provide full explanations of rate changes […]