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Delaware News



  Category: Insurance Commissioner


Delaware Seeks Data on Climate Change’s Impact on Insurance

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, August 9, 2021

Participating in National Insurer Climate Risk Disclosure Survey Insurance Commissioner Trinidad Navarro has announced Delaware’s participation in the National Association of Insurance Commissioners’ Insurer Climate Risk Disclosure Survey, an effort to assess how the impacts of climate change will reverberate across the insurance industry. From investment practices, to increased claim occurrences impacting companies’ financial sturdiness, […]




CONSUMER ALERT: Philips CPAP, BiPAP, Mechanical Ventilators Recalled

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, July 29, 2021

Devices being used to treat chronic conditions, COVID-19 Delaware Insurance Commissioner Trinidad Navarro has released a consumer alert for users of respiratory devices manufactured by Philips. An estimated 4 million Philips Continuous Positive Airway Pressure (CPAP) and Bi-Level Positive Airway Pressure (BiPAP or BiLevel PAP) devices, as well as mechanical ventilators manufactured before April 26, […]




General Assembly Moves in Unison to Protect Consumers, Local Businesses, from Excessive Pharmaceutical Costs

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, July 28, 2021

Expanded oversight of Pharmacy Benefits Managers possible Legislation to further regulate the Pharmacy Benefits Manager industry was passed by the General Assembly in late June and sent to the Governor with unanimous bipartisan support. HB 219, sponsored by Rep. Andria Bennett, Sen. Spiros Mantzavinos, Senate President Pro Tempore Dave Sokola, and Rep. Mike Smith, would […]




Mental Health Parity Examinations Find Inequities in Insurer Behavior

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Monday, July 26, 2021

More than $1.3M in total fines assessed for coverage discrimination Insurance Commissioner Trinidad Navarro has announced the completion of additional Mental Health Parity examinations on regulated health insurers in Delaware. These violations resulted in $735,000 in fines and significant insurer corrections to create a less discriminatory environment in the future. Combined with two examinations completed […]




Delaware Captive Insurance Legislation Signed by Governor

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, July 15, 2021

State’s dormancy laws now offer greater flexibility With the Governor’s recent signature, Delaware’s Captive Insurance Division is celebrating increased flexibility in its offerings to captive insurance companies. Senate Substitute 1 for Senate Bill 36 allows captives to be classified as registered series, offers clarity to provisions regarding insuring a parent company, and allows for a […]







  Category: Insurance Commissioner


Delaware Seeks Data on Climate Change’s Impact on Insurance

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, August 9, 2021

Participating in National Insurer Climate Risk Disclosure Survey Insurance Commissioner Trinidad Navarro has announced Delaware’s participation in the National Association of Insurance Commissioners’ Insurer Climate Risk Disclosure Survey, an effort to assess how the impacts of climate change will reverberate across the insurance industry. From investment practices, to increased claim occurrences impacting companies’ financial sturdiness, […]




CONSUMER ALERT: Philips CPAP, BiPAP, Mechanical Ventilators Recalled

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, July 29, 2021

Devices being used to treat chronic conditions, COVID-19 Delaware Insurance Commissioner Trinidad Navarro has released a consumer alert for users of respiratory devices manufactured by Philips. An estimated 4 million Philips Continuous Positive Airway Pressure (CPAP) and Bi-Level Positive Airway Pressure (BiPAP or BiLevel PAP) devices, as well as mechanical ventilators manufactured before April 26, […]




General Assembly Moves in Unison to Protect Consumers, Local Businesses, from Excessive Pharmaceutical Costs

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Wednesday, July 28, 2021

Expanded oversight of Pharmacy Benefits Managers possible Legislation to further regulate the Pharmacy Benefits Manager industry was passed by the General Assembly in late June and sent to the Governor with unanimous bipartisan support. HB 219, sponsored by Rep. Andria Bennett, Sen. Spiros Mantzavinos, Senate President Pro Tempore Dave Sokola, and Rep. Mike Smith, would […]




Mental Health Parity Examinations Find Inequities in Insurer Behavior

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Monday, July 26, 2021

More than $1.3M in total fines assessed for coverage discrimination Insurance Commissioner Trinidad Navarro has announced the completion of additional Mental Health Parity examinations on regulated health insurers in Delaware. These violations resulted in $735,000 in fines and significant insurer corrections to create a less discriminatory environment in the future. Combined with two examinations completed […]




Delaware Captive Insurance Legislation Signed by Governor

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, July 15, 2021

State’s dormancy laws now offer greater flexibility With the Governor’s recent signature, Delaware’s Captive Insurance Division is celebrating increased flexibility in its offerings to captive insurance companies. Senate Substitute 1 for Senate Bill 36 allows captives to be classified as registered series, offers clarity to provisions regarding insuring a parent company, and allows for a […]