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Delaware News



 Pages Tagged With: "Delaware Insurance Commissioner"

Commissioner Stewart Offers Tax Solution for Captive Insurers

Delaware Insurance Commissioner Karen Weldin Stewart has issued a bulletin which provides guidance to make it easier for captive insurers to comply with the new requirements within the federal Protecting Americans from Tax Hikes (PATH) Act. Captive Insurance Bulletin No. 6 establishes procedures so that owners of captive insurance companies may satisfy the PATH Act’s new mandates for owning captives.




Commissioner Stewart Provides Storm Preparedness Tips

The Department of Insurance has a Storm Preparedness webpage filled with resources and information about what to do before, during and after a major storm. There’s an abundance of information about protecting your home or business from damage, and tips for preparing for meeting with an adjuster if your property sustains damages.




Commissioner Stewart: Delawareans Pay 7th Lowest Homeowner’s Insurance Rates in U.S.

Insurance Commissioner Karen Weldin Stewart announced that Delawareans paid the 7th lowest average homeowner’s insurance premium in the country in 2013, the most recent year for which data is available.




Delaware’s Kinion Named One of the Top Four Influential Figures in Global Captive Insurance

Insurance Commissioner Karen Weldin Stewart is pleased to announce that Steve Kinion, Director of the Delaware Insurance Department’s Bureau of Captive and Financial Insurance Products, has been named as one of the four most influential people in the captive insurance industry.




Commissioner Stewart Fines Highmark BCBSD and Aetna $483,000

Insurance Commissioner Karen Weldin Stewart today announced she has fined Highmark Blue Cross Blue Shield Delaware $383,000 for numerous violations, including failure to pay policyholder claims in a timely fashion. Commissioner Stewart has also fined Aetna, Inc. $100,000 for failing to pay policyholder claims in a timely fashion and for charging excessive copays, among other violations.







 Pages Tagged With: "Delaware Insurance Commissioner"

Commissioner Stewart Offers Tax Solution for Captive Insurers

Delaware Insurance Commissioner Karen Weldin Stewart has issued a bulletin which provides guidance to make it easier for captive insurers to comply with the new requirements within the federal Protecting Americans from Tax Hikes (PATH) Act. Captive Insurance Bulletin No. 6 establishes procedures so that owners of captive insurance companies may satisfy the PATH Act’s new mandates for owning captives.




Commissioner Stewart Provides Storm Preparedness Tips

The Department of Insurance has a Storm Preparedness webpage filled with resources and information about what to do before, during and after a major storm. There’s an abundance of information about protecting your home or business from damage, and tips for preparing for meeting with an adjuster if your property sustains damages.




Commissioner Stewart: Delawareans Pay 7th Lowest Homeowner’s Insurance Rates in U.S.

Insurance Commissioner Karen Weldin Stewart announced that Delawareans paid the 7th lowest average homeowner’s insurance premium in the country in 2013, the most recent year for which data is available.




Delaware’s Kinion Named One of the Top Four Influential Figures in Global Captive Insurance

Insurance Commissioner Karen Weldin Stewart is pleased to announce that Steve Kinion, Director of the Delaware Insurance Department’s Bureau of Captive and Financial Insurance Products, has been named as one of the four most influential people in the captive insurance industry.




Commissioner Stewart Fines Highmark BCBSD and Aetna $483,000

Insurance Commissioner Karen Weldin Stewart today announced she has fined Highmark Blue Cross Blue Shield Delaware $383,000 for numerous violations, including failure to pay policyholder claims in a timely fashion. Commissioner Stewart has also fined Aetna, Inc. $100,000 for failing to pay policyholder claims in a timely fashion and for charging excessive copays, among other violations.