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Delaware News



  Category: Insurance Commissioner


Captive Insurance Program Inaugural Class Graduates

Captive Insurance | Insurance Commissioner | Date Posted: Monday, June 4, 2012

On June 6, twenty-five participants will complete the captive insurance risk management certificate program offered by University of Delaware in partnership with the Delaware Department of Insurance.




Commissioner Karen Weldin Stewart Reports The Passage Of The Mini-Cobra Law

Insurance Commissioner | Date Posted: Tuesday, May 29, 2012

Commissioner Karen Weldin Stewart is happy to report the passage of House Bill 170–the Mini-Cobra Law. On May 22, 2012, Governor Markell signed into law this bill which amends Title 18 of the Delaware Insurance Code relating to group health insurance.




Commissioner Stewart Highlights The Importance Of Safety During The 100 Deadliest Days For Teen Drivers

Insurance Commissioner | News | Date Posted: Thursday, May 24, 2012

During this time of the year, teenagers are busy with proms, graduations and the beginning of summer vacation. May, which has been declared Global Youth Traffic Safety Month, also begins one of the riskiest times of the year for youth.




Insurance Department Recovers $1.3 Million for Policyholders in 1st Quarter of 2012

Insurance Commissioner | Date Posted: Wednesday, May 23, 2012

Insurance Commissioner Stewart and the Delaware Department of Insurance report that $1,331,831.74 has been recovered for consumers in the first quarter of 2012. The Consumer Services Division has recovered $720,597.39 for Delaware policyholders and handled 2,055 formal complaints and inquiries which is an increase from 1,174 during the first quarter of 2011.




Commissioner Stewart Announces Delaware Will Receive Over $1 Million From MetLife Settlement Agreement

Insurance Commissioner | Date Posted: Thursday, May 17, 2012

Multi-State Investigation Leads to Changes in How Company Handles Unclaimed Life Insurance Benefits – Commissioner Stewart stated today that, “This settlement was a victory for policyholders and we are glad that MetLife will honor their promise to individuals that paid premiums, and provide resolution to beneficiaries.” The Delaware Department of Insurance joined 27 other state insurance departments in a settlement agreement with Metropolitan Life Insurance Company, surpassing the number of participating jurisdictions required for the agreement to become effective. The agreement follows a multi-state investigation coordinated through the National Association of Insurance Commissioners (NAIC).







  Category: Insurance Commissioner

Captive Insurance Program Inaugural Class Graduates

Captive Insurance | Insurance Commissioner | Date Posted: Monday, June 4, 2012

On June 6, twenty-five participants will complete the captive insurance risk management certificate program offered by University of Delaware in partnership with the Delaware Department of Insurance.




Commissioner Karen Weldin Stewart Reports The Passage Of The Mini-Cobra Law

Insurance Commissioner | Date Posted: Tuesday, May 29, 2012

Commissioner Karen Weldin Stewart is happy to report the passage of House Bill 170–the Mini-Cobra Law. On May 22, 2012, Governor Markell signed into law this bill which amends Title 18 of the Delaware Insurance Code relating to group health insurance.




Commissioner Stewart Highlights The Importance Of Safety During The 100 Deadliest Days For Teen Drivers

Insurance Commissioner | News | Date Posted: Thursday, May 24, 2012

During this time of the year, teenagers are busy with proms, graduations and the beginning of summer vacation. May, which has been declared Global Youth Traffic Safety Month, also begins one of the riskiest times of the year for youth.




Insurance Department Recovers $1.3 Million for Policyholders in 1st Quarter of 2012

Insurance Commissioner | Date Posted: Wednesday, May 23, 2012

Insurance Commissioner Stewart and the Delaware Department of Insurance report that $1,331,831.74 has been recovered for consumers in the first quarter of 2012. The Consumer Services Division has recovered $720,597.39 for Delaware policyholders and handled 2,055 formal complaints and inquiries which is an increase from 1,174 during the first quarter of 2011.




Commissioner Stewart Announces Delaware Will Receive Over $1 Million From MetLife Settlement Agreement

Insurance Commissioner | Date Posted: Thursday, May 17, 2012

Multi-State Investigation Leads to Changes in How Company Handles Unclaimed Life Insurance Benefits – Commissioner Stewart stated today that, “This settlement was a victory for policyholders and we are glad that MetLife will honor their promise to individuals that paid premiums, and provide resolution to beneficiaries.” The Delaware Department of Insurance joined 27 other state insurance departments in a settlement agreement with Metropolitan Life Insurance Company, surpassing the number of participating jurisdictions required for the agreement to become effective. The agreement follows a multi-state investigation coordinated through the National Association of Insurance Commissioners (NAIC).