Commissioner Stewart Outlaws “Widow’s Penalty” In Setting Auto Insurance Rates
Insurance Commissioner Karen Weldin Stewart announced today that she will not approve any auto insurance company’s rate submission that includes a “widow’s penalty,” under which a widow or widower is charged a higher rate based solely on the change in his or her marital status following the loss of a spouse.
Insurance Commissioner Stewart Issues Bulletin Prohibiting Price Optimization
Insurance Commissioner Karen Weldin Stewart announced today that she is forbidding property and casualty insurers from using so-called “price optimization” when setting rates for personal lines of insurance such as automobile and homeowners’ policies.
Karen Weldin Stewart Names Hardy Drane Deputy Insurance Commissioner
Commissioner Karen Weldin Stewart today named attorney Hardy Drane as Deputy Commissioner for the Delaware Department of Insurance.
DMAB Releases 2015 Medicare Supplement Insurance Guide for Delaware Medicare Recipients
The Delaware Medicare Assistance Bureau (DMAB) is pleased to announce that the 2015 Delaware Medicare Supplement Insurance Shopper’s Guide is now available in print. This popular guide is updated annually and includes price comparisons and toll-free telephone numbers for all Medigap policies sold in Delaware. Medicare supplement insurance, also called Medigap, is private insurance designed to supplement your Medicare coverage. The guide is also available at any time on the DMAB website, www.delawareinsurance.gov/DMAB.
Delaware Residents May Be Affected by Anthem’s Data Breach
Anthem reports that as many as 62,051 Delaware residents may have had their personal information compromised due to the recently discovered hacking attack on the company’s computer systems.
