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Delaware News



  Category: Insurance Commissioner


Commissioner Stewart: Make Sure Your Coverage Is In Place Before Your Drone Is In the Air

Insurance Commissioner | News | Date Posted: Wednesday, December 16, 2015

The Federal Aviation Administration estimates more than one million drones will be sold during the upcoming holiday season. Everyone from photographers and farmers to law enforcement and hobbyists are taking to the air. As drones become more affordable and available, the skies are getting crowded.




Maryland Businessman Jeffrey Cohen Sentenced to 37 Years in Federal Prison for Crimes Uncovered by Delaware Insurance Department

Insurance Commissioner | News | Date Posted: Thursday, December 10, 2015

DOVER, DE – Delaware Insurance Commissioner Karen Weldin Stewart announced today that former insurance company executive Jeffrey B. Cohen, was sentenced to 37 years in federal prison and required to pay $137 million in restitution by U.S. District Court Judge William D. Quarles, Jr. in Baltimore, Maryland today.  Cohen had perpetrated multiple frauds upon policyholders […]




Commissioner Stewart: Health Insurers Will Rebate More Than $2 Million to Delaware Consumers

Insurance Commissioner | News | Date Posted: Friday, December 4, 2015

Insurance Commissioner Karen Weldin Stewart announced today that insurers will issue more than $2 million in rebates to 14,399 health insurance policyholders in Delaware as a result of the Affordable Care Act’s 80/20 Medical Loss Ratio rule.




Insurance Department Announces Workers’ Compensation Rates for 2016

Insurance Commissioner | News | Date Posted: Tuesday, November 17, 2015

Insurance Department Announces Workers’ Compensation Rates for 2016 DOVER, DE  – Insurance Commissioner Karen Weldin Stewart today approved the Delaware Compensation Rating Bureau (DCRB)’s workers’ compensation amended rate filing, resulting in an overall average increase of 7.09% in residual market rates and 7.20% in voluntary market loss costs. The DCRB originally proposed overall increases of 14.92% […]




Governor Markell Recognizes DOI’s Licensing of 1000th Captive Insurance Company

Captive Insurance | Former Governor Jack Markell (2009-2017) | Insurance Commissioner | News | Office of the Governor | Date Posted: Monday, November 9, 2015

Governor Markell Recognizes DOI’s Licensing of 1000th Captive Insurance Company Commissioner Karen Weldin Stewart Achieves a Long-Time Goal DOVER, DE – Governor Jack Markell presented Insurance Commissioner Karen Weldin Stewart with a proclamation today recognizing the Department of Insurance’s licensing of its 1,000 captive insurance company, AWI, Inc. of Voorhees, New Jersey.   The proclamation recognizes […]







  Category: Insurance Commissioner

Commissioner Stewart: Make Sure Your Coverage Is In Place Before Your Drone Is In the Air

Insurance Commissioner | News | Date Posted: Wednesday, December 16, 2015

The Federal Aviation Administration estimates more than one million drones will be sold during the upcoming holiday season. Everyone from photographers and farmers to law enforcement and hobbyists are taking to the air. As drones become more affordable and available, the skies are getting crowded.




Maryland Businessman Jeffrey Cohen Sentenced to 37 Years in Federal Prison for Crimes Uncovered by Delaware Insurance Department

Insurance Commissioner | News | Date Posted: Thursday, December 10, 2015

DOVER, DE – Delaware Insurance Commissioner Karen Weldin Stewart announced today that former insurance company executive Jeffrey B. Cohen, was sentenced to 37 years in federal prison and required to pay $137 million in restitution by U.S. District Court Judge William D. Quarles, Jr. in Baltimore, Maryland today.  Cohen had perpetrated multiple frauds upon policyholders […]




Commissioner Stewart: Health Insurers Will Rebate More Than $2 Million to Delaware Consumers

Insurance Commissioner | News | Date Posted: Friday, December 4, 2015

Insurance Commissioner Karen Weldin Stewart announced today that insurers will issue more than $2 million in rebates to 14,399 health insurance policyholders in Delaware as a result of the Affordable Care Act’s 80/20 Medical Loss Ratio rule.




Insurance Department Announces Workers’ Compensation Rates for 2016

Insurance Commissioner | News | Date Posted: Tuesday, November 17, 2015

Insurance Department Announces Workers’ Compensation Rates for 2016 DOVER, DE  – Insurance Commissioner Karen Weldin Stewart today approved the Delaware Compensation Rating Bureau (DCRB)’s workers’ compensation amended rate filing, resulting in an overall average increase of 7.09% in residual market rates and 7.20% in voluntary market loss costs. The DCRB originally proposed overall increases of 14.92% […]




Governor Markell Recognizes DOI’s Licensing of 1000th Captive Insurance Company

Captive Insurance | Former Governor Jack Markell (2009-2017) | Insurance Commissioner | News | Office of the Governor | Date Posted: Monday, November 9, 2015

Governor Markell Recognizes DOI’s Licensing of 1000th Captive Insurance Company Commissioner Karen Weldin Stewart Achieves a Long-Time Goal DOVER, DE – Governor Jack Markell presented Insurance Commissioner Karen Weldin Stewart with a proclamation today recognizing the Department of Insurance’s licensing of its 1,000 captive insurance company, AWI, Inc. of Voorhees, New Jersey.   The proclamation recognizes […]