Listen to this page using ReadSpeaker

Delaware News



  Category: Insurance Commissioner


Commissioner Stewart: Beware of Unscrupulous Tax Preparers

Insurance Commissioner | Newsroom | Date Posted: Thursday, March 10, 2016

Commissioner Karen Weldin Stewart has received reports of tax preparers who are wrongly informing Delawareans without health insurance that they are subject to penalty payments under the Affordable Care Act (ACA). Some unscrupulous preparers actually tell clients that the payments can be paid directly to that preparer, who then pockets the money.




Department of Insurance Recovered $1.9 Million For Delaware Policyholders in 2015

Insurance Commissioner | Newsroom | Date Posted: Tuesday, March 1, 2016

Last year the Delaware Department of Insurance recovered more than $1.9 million for policyholders, and helped business owners save nearly $9.3 million in workers’ compensation insurance costs.




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

Insurance Commissioner | Newsroom | 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 | Newsroom | 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 | Newsroom | 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.







  Category: Insurance Commissioner

Commissioner Stewart: Beware of Unscrupulous Tax Preparers

Insurance Commissioner | Newsroom | Date Posted: Thursday, March 10, 2016

Commissioner Karen Weldin Stewart has received reports of tax preparers who are wrongly informing Delawareans without health insurance that they are subject to penalty payments under the Affordable Care Act (ACA). Some unscrupulous preparers actually tell clients that the payments can be paid directly to that preparer, who then pockets the money.




Department of Insurance Recovered $1.9 Million For Delaware Policyholders in 2015

Insurance Commissioner | Newsroom | Date Posted: Tuesday, March 1, 2016

Last year the Delaware Department of Insurance recovered more than $1.9 million for policyholders, and helped business owners save nearly $9.3 million in workers’ compensation insurance costs.




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

Insurance Commissioner | Newsroom | 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 | Newsroom | 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 | Newsroom | 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.