Workers’ Compensation Rates Drop Second Year in a Row in Delaware
Insurance Commissioner | Newsroom | Date Posted: Monday, October 22, 2018
DOVER, DE – Delaware Insurance Commissioner Trinidad Navarro is pleased to announce that there will be a decrease in workers’ compensation insurance rates, effective December 1, 2018. “I am delighted to approve yet another decrease in workers’ compensation rates in Delaware and even happier to see a double digit average decrease in the voluntary market,” […]
Now is a Good Time to Review Your Insurance Policies
Insurance Commissioner | Date Posted: Thursday, September 13, 2018
Dover, DE – Thursday, September 13, 2018 – With the East Coast’s first major storm of the hurricane season bearing down on us, now would be a good time review your insurance policies. Bolster the sense of security provided by your homeowners insurance by taking the time to comb through your policy or speak to […]
Delaware Department of Insurance Issues Statement on Acquisition of Control of XL Group Ltd. by AXA SA & Affiliates
Insurance Commissioner | Newsroom | Date Posted: Thursday, August 23, 2018
Dover, DE – Thursday, August 17, 2018, the Delaware Department of Insurance (the “Department”) held a Public Hearing to address the application submitted pursuant to 18 Del. C. § 5003, regarding the proposed acquisition of control of XL Insurance America, Inc., XL Select Insurance Company, XL Specialty Insurance Company, Catlin Indemnity Company, Catlin Specialty Insurance […]
Final ACA Individual Rate Increase 3% / Highmark to Rebate Over $5 Million to Small Groups
Insurance Commissioner | Newsroom | Date Posted: Tuesday, August 21, 2018
Dover, DE – Insurance Commissioner Trinidad Navarro announced the 2019 Affordable Care Act (“ACA”) rates today. While Highmark Blue Cross Blue Shield of Delaware (Highmark BCBSD) proposed a rate increase of 5.7% for its 2019 individual Marketplace business, the Department of Insurance (“Department”) ultimately approved a 3% rate increase. Although, the initial proposed rate filing […]
Workplace Safety Program Saves Businesses Over $9.8M in Workers’ Comp Premiums
Insurance Commissioner | Date Posted: Wednesday, August 1, 2018
Dover, DE (August 1, 2018) – Delaware Insurance Commissioner Trinidad Navarro has announced that over the past year, the Delaware Workplace Safety Program has helped over 1,500 businesses save over $9.8 million on their workers’ compensation insurance premiums. The savings are a result of the businesses’ successful completion of workplace safety inspections. “When businesses are […]
