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 […]
Insurance Commissioner Karen Weldin Stewart Releases 2016 Health Insurance Rates for Delaware Marketplace Plans
Insurance Commissioner Karen Weldin Stewart today released Delaware’s Qualified Health Plan rates for Plan Year 2016.
Commissioner Karen Weldin Stewart today named attorney Hardy Drane as Deputy Commissioner for the Delaware Department of Insurance.
Commissioner Karen Weldin Stewart announced today that she has received rate request filings from Highmark Blue Cross Blue Shield of Delaware and Aetna, Inc. for individual and small group plans to be offered on Delaware’s Health Insurance Marketplace in 2016.
In a letter to U.S. Treasury Secretary Jacob Lew and other federal regulators, Delaware Insurance Commissioner Karen Weldin Stewart has urged them to reconsider their vote to propose that MetLife be labeled as a “systemically important financial institution” (SIFI) and therefore subject to tougher federal regulation.