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Delaware News



  Category: Insurance Commissioner


Commissioner Stewart: Delawareans Pay 7th Lowest Homeowner’s Insurance Rates in U.S.

Insurance Commissioner | News | Date Posted: Wednesday, February 24, 2016

Insurance Commissioner Karen Weldin Stewart announced that Delawareans paid the 7th lowest average homeowner’s insurance premium in the country in 2013, the most recent year for which data is available.




2015:  Another Record Year for Delaware’s Captive Insurance Growth

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Friday, February 12, 2016

Insurance Commissioner Karen Weldin Stewart today announced another record year of captive insurance formations in Delaware. In 2015, Delaware licensed 74 pure captive insurers, 3 special purpose captive insurers, and 112 series captive insurers, for a total of 189 captive entities.




Delaware’s Kinion Named One of the Top Four Influential Figures in Global Captive Insurance

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Wednesday, February 3, 2016

Insurance Commissioner Karen Weldin Stewart is pleased to announce that Steve Kinion, Director of the Delaware Insurance Department’s Bureau of Captive and Financial Insurance Products, has been named as one of the four most influential people in the captive insurance industry.




Commissioner Stewart Says Winter Weather Can Affect Your Insurance Coverage

Insurance Commissioner | News | Date Posted: Thursday, January 21, 2016

As the first major snowstorm of the year approaches Delaware, Insurance Commissioner Karen Weldin Stewart and the National Association of Insurance Commissioners (NAIC) remind you to take a moment to review your insurance policies before you go dashing through the snow.




Commissioner Stewart Fines Highmark BCBSD and Aetna $483,000

Insurance Commissioner | News | Date Posted: Monday, January 11, 2016

Insurance Commissioner Karen Weldin Stewart today announced she has fined Highmark Blue Cross Blue Shield Delaware $383,000 for numerous violations, including failure to pay policyholder claims in a timely fashion. Commissioner Stewart has also fined Aetna, Inc. $100,000 for failing to pay policyholder claims in a timely fashion and for charging excessive copays, among other violations.







  Category: Insurance Commissioner

Commissioner Stewart: Delawareans Pay 7th Lowest Homeowner’s Insurance Rates in U.S.

Insurance Commissioner | News | Date Posted: Wednesday, February 24, 2016

Insurance Commissioner Karen Weldin Stewart announced that Delawareans paid the 7th lowest average homeowner’s insurance premium in the country in 2013, the most recent year for which data is available.




2015:  Another Record Year for Delaware’s Captive Insurance Growth

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Friday, February 12, 2016

Insurance Commissioner Karen Weldin Stewart today announced another record year of captive insurance formations in Delaware. In 2015, Delaware licensed 74 pure captive insurers, 3 special purpose captive insurers, and 112 series captive insurers, for a total of 189 captive entities.




Delaware’s Kinion Named One of the Top Four Influential Figures in Global Captive Insurance

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Wednesday, February 3, 2016

Insurance Commissioner Karen Weldin Stewart is pleased to announce that Steve Kinion, Director of the Delaware Insurance Department’s Bureau of Captive and Financial Insurance Products, has been named as one of the four most influential people in the captive insurance industry.




Commissioner Stewart Says Winter Weather Can Affect Your Insurance Coverage

Insurance Commissioner | News | Date Posted: Thursday, January 21, 2016

As the first major snowstorm of the year approaches Delaware, Insurance Commissioner Karen Weldin Stewart and the National Association of Insurance Commissioners (NAIC) remind you to take a moment to review your insurance policies before you go dashing through the snow.




Commissioner Stewart Fines Highmark BCBSD and Aetna $483,000

Insurance Commissioner | News | Date Posted: Monday, January 11, 2016

Insurance Commissioner Karen Weldin Stewart today announced she has fined Highmark Blue Cross Blue Shield Delaware $383,000 for numerous violations, including failure to pay policyholder claims in a timely fashion. Commissioner Stewart has also fined Aetna, Inc. $100,000 for failing to pay policyholder claims in a timely fashion and for charging excessive copays, among other violations.