Commissioner Navarro Approves MetLife-Brighthouse Spinoff
Insurance Commissioner | Newsroom | Date Posted: Thursday, June 29, 2017
Dover, DE – Delaware Insurance Commissioner Trinidad Navarro today announced his final regulatory approval of MetLife, Inc.’s long announced plans to spin-off its U.S. retail life and annuity insurance businesses into insurance subsidiaries of newly formed Brighthouse Financial, Inc. The Commissioner’s approval allows the company to transition 1.3 million life insurance policyholders and 1.5 million […]
Driver Fairness Bill Passes General Assembly
Insurance Commissioner | Newsroom | Date Posted: Thursday, June 29, 2017
Dover, DE – On June 27, 2017, the Delaware State Senate voted nearly unanimously (20-1) to pass House Substitute 1 for House Bill 80 (“HS 1 for HB 80”). This measure, a substitute to the Department of Insurance’s original HB 80, targets unfair discriminatory practices used by automobile insurance companies to determine premium costs. “For […]
Highmark Requests 2018 Health Insurance Rate Increase of 33.6%
Insurance Commissioner | Newsroom | Date Posted: Wednesday, June 14, 2017
Dover, DE – The Delaware Department of Insurance (“DOI”) has received a proposed rate increase request from Highmark Blue Cross Blue Shield of Delaware (“Highmark BCBSD”) for 33.6% for its 2018 individual Marketplace business. This requested rate increase assumes that the cost-sharing subsidies and individual mandate will not be in place for 2018. Highmark BCBSD’s […]
Department of Insurance Launches Internet Chat Support for Consumers and Agents
Insurance Commissioner | Newsroom | Date Posted: Tuesday, June 13, 2017
Dover, DE—The Delaware Department of Insurance has added a live chat support feature to its website. The chat box offers online users a quick and convenient way to connect with a department specialist who can answer basic insurance inquiries. The live chat feature launched Monday, June 12th and was free to implement. “It’s our job […]
Just in Time for Hurricane Season, Delaware’s Department of Insurance Streamlines Emergency Catastrophic Adjusters Licensing Requirements
Insurance Commissioner | Newsroom | Date Posted: Tuesday, June 6, 2017
Dover, DE—Delaware Insurance Commissioner, Trinidad Navarro, has taken steps to streamline the licensing process for insurance adjusters who come to Delaware to immediately help consumers who have filed a claim due to an emergency or catastrophe. Issued on June 5, 2017, Revised Agents Bulletin No. 18, requires Emergency CAT Adjusters to use online services to […]
