Delaware’s Kinion Named One of the Top Three Influential Figures in 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 number three on Captive Review magazine’s “Power 50 in 2014” list.
Preliminary Workers’ Compensation Rates Indicate Decrease
The Delaware Department of Insurance is in receipt of Delaware Compensation Rating Bureau filing No. 1404, which indicates a decrease in both the voluntary loss cost and residual market rate for workers’ compensation insurance for 2015. Commissioner Karen Weldin Stewart is encouraged that DCRB’s initial indicated rates reflect a decrease.
Commissioner Stewart Reduces Highmark Rate Requests
Insurance Commissioner Karen Weldin Stewart announced that she has reduced to 9.9% a request from Highmark BlueCross BlueShield for a health rate increases on small employer grandfathered individual plans.
Commissioner Stewart Selects Grant for DOI Communications Chief
Insurance Commissioner Karen Weldin Stewart announced today that she has named Jerry Grant as the Communications Director for the Department of Insurance.
Insurance Commissioner Stewart Accepts “Challenge Medal” Bestowed by U.S. Dept. of Homeland Security
Insurance Commissioner Karen Weldin Stewart was recently recognized at the annual conference of the Society of Financial Examiners (SOFE), held this year in Philadelphia, for her Department’s assistance with a major insurance fraud investigation that has led to extensive federal charges.
