Insurance Commissioner Stewart Announces That Delaware Captives Are On The Rise
Captive Insurance | Insurance Commissioner | Newsroom | Date Posted: Thursday, January 24, 2013
The Delaware Department of Insurance announces today that the final projection for the number of captive licenses the captive bureau anticipates issuing for 2012 and the projected premium tax revenue is on a rise. Steve Kinion, Captives Director for the Delaware Department of Insurance.
Consumer Alert: Commissioner Stewart Advises Delawareans To Begin The New Year With A Focus On Insurance
Insurance Commissioner | Date Posted: Wednesday, January 9, 2013
As we begin the New Year, Commissioner Karen Weldin Stewart and the Delaware Department of Insurance would like to share a few helpful tips related to insurance coverage. Homeowners/Renter’s Insurance This is a great time to update your home inventory and make sure your homeowners or renter’s policy is up-to-date. Before placing your decorations back […]
Commissioner Stewart Takes Action On Workers’ Compensation Insurance Rates
Insurance Commissioner | Date Posted: Friday, January 4, 2013
Commissioner Stewart approved an amended filing submitted by the Delaware Compensation Rating Bureau, Inc. (DCRB) which proposed an overall average increase of 14.6 percent in voluntary market loss costs and 19 percent in residual market rates.
Commissioner Stewart Fines State Farm Insurance $150,000
Insurance Commissioner | Date Posted: Tuesday, December 11, 2012
State Farm to review protocols, update language on non-renewal notices and pay $150,000 penalty. As a result of a recently completed Market Conduct Examination performed by The Delaware Department of Insurance, State Farm Fire and Casualty Company has been ordered to review its protocols regarding the application of underwriting guidelines for Delaware’s coastal region and adjusts the language included in non-renewal notices distributed by the company.
The Delaware Department of Insurance Informs Delawareans on Managing the Claims Experience and Rebuilding After a Loss
Insurance Commissioner | Date Posted: Monday, December 10, 2012
The process of reconstructing your home following a loss can be long and laborious. Often before you can begin rebuilding, you have to navigate the insurance claims process. The Delaware Department of Insurance is aware of the fact that consumers are often confused and stressed by the claims process, and offers this summary to help manage the experience.
