Delaware Named as Asia Captive Awards Finalist
September 3, 2019 Delaware is a finalist for non-Asian domicile of the year. Captive Review magazine released the shortlists for the 2019 Asia Captive Awards for both captive insurance domiciles in Asia and non-Asian domiciles having a significant presence on the continent. “The Delaware Insurance Department has one of the highest international profiles of […]
Clarifications on Medigap
August 13, 2019 – The Delaware Department of Insurance has received inquiries from Medicare eligible citizens concerning misunderstandings or misinformation they’ve received from some insurance agents and brokers regarding the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA). As this act is rather complex, it has not been determined if consumers have been misinformed, or […]
Woman indicted for $16,000 of fraudulent insurance claims
Dover, DE August 8, 2019 — A Wilmington woman was indicted by the New Castle County Grand Jury for insurance fraud and other felony charges. Theresa T. Milton, 44, of the 900 block of Clayton Street, was indicted on seven felony counts of insurance fraud, one felony count of theft by false pretense, and one […]
Insurance Data Security Act Signed into Law
On Wednesday, July 31, 2019, Governor John C. Carney, Jr., signed House Bill 174 (“HB 174”) into law. Titled the Delaware Insurance Data Security Act, this law is based on an NAIC Model Act, which establishes a comprehensive regulatory framework requiring insurers licensed to do business in Delaware to implement information security programs, report instances […]
How to Report Storm Damage in Delaware
Dover, DE – Monday, April 15, 2019, With the aftermath of Delaware’s first spring storm now starting, here are some things to help you with storm damage to your property. Ensure everyone is safe and it is safe to enter the area Contact your insurance company before you begin cleaning up or making repairs Take […]
