Influential trade publication Captive Review magazine has named Insurance Commissioner Karen Weldin Stewart to its first Enterprise Risk Captive Pioneers list, recognizing 20 of the “key influencers” in the United States’ smaller captive industry.
Maryland Businessman Jeffrey Cohen Sentenced to 37 Years in Federal Prison for Crimes Uncovered by Delaware Insurance Department
DOVER, DE – Delaware Insurance Commissioner Karen Weldin Stewart announced today that former insurance company executive Jeffrey B. Cohen, was sentenced to 37 years in federal prison and required to pay $137 million in restitution by U.S. District Court Judge William D. Quarles, Jr. in Baltimore, Maryland today. Cohen had perpetrated multiple frauds upon policyholders […]
The Health Insurance Marketplace Open Enrollment Period Has Passed, But You May Qualify for a Special Enrollment Period
The open enrollment period for the Health Insurance Marketplace, www.healthcare.gov, ended on February 15; however, some people may qualify for a special enrollment period (SEP) going on right now. The time to apply is limited; this special enrollment period ends on April 30.
Department of Insurance Recovers $2.1 Million for Insurance Policyholders in 2014, Helps Save Businesses $9.2 Million
Commissioner Stewart Also Reports $94.6 Million Collected in Premium Taxes in Fiscal 2014 Dover, DE – The Delaware Department of Insurance recovered more than $2.1 million for policyholders in calendar year 2014, and helped business owners save nearly $9.3 million in workers’ compensation insurance costs. DOI also collected over $94.6 million dollars through fees, […]
The Delaware Department of Insurance’s Bureau of Captive and Financial Insurance Products reported that in 2014 it licensed 87 captive insurers and 141 series business units.