Liberty Mutual Pays $300,000 Penalty For Misleading Consumers
Additional penalties possible if company compliance does not improve After months of investigation, the Delaware Department of Insurance announced that Liberty Mutual has paid a penalty of $300,000 across three member companies, with an express stipulation that an additional $200,000 must be paid if conduct is not immediately remedied. The primary activities under review were […]
Department Of Insurance Accreditation Renewed
Bureau of Examination, Rehabilitation, and Guaranty (BERG) team from back left: Tracey Weaver, Riley Lent, Chris Porter, Danielle Hopp, Justine Mickles, Beth Short, Rylynn Brown, Raegan Allen, Blake Synnestvedt, and Laura Rumfelt. From the front left, Charles Santana, Sean Brown, Steven Carlson, Tom Hudson, Deputy Commissioner Tanisha Merced, Commissioner Trinidad Navarro, Nicole Brittingham, Morgan Jones, […]
Navarro Issues Bulletin on Insurers’ Drone Usage
Addresses increased use of aerial imagery in industry activities The Delaware Department of Insurance recently issued a bulletin to carriers recognizing increased use of unmanned aircraft systems and aerial imagery, and offering regulatory guidance, Insurance Commissioner Trinidad Navarro announced today. Insurers have adopted aerial photography use to improve efficiency in claim processing, loss assessments, and […]
Navarro Issues Insurer use of AI Bulletin
Joins coalition of states enhancing regulation of artificial intelligence Insurance Commissioner Trinidad Navarro announced Delaware has issued a bulletin to all insurance carriers doing business in the state regarding the use of Artificial Intelligence (AI). AI may facilitate the development of innovative insurance products, improve consumer interface and service, simplify and automate processes, and promote […]
Department of Insurance Releases 2024 Data
Annual year-in-review shows continued success for Delaware consumers The Delaware Department of Insurance’s 105 team members are highlighting key achievements from their service to Delaware residents in 2024 including consumer assistance, attraction of new companies, expansions of coverage, supporting enhanced primary care access, and substantial funds contributed to the state. “Our team’s annual report provides […]
