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Delaware News


 Pages Tagged With: "Insurance Commissioner"

Medicare Open Enrollment Begins Monday — Seniors Have More Benefits, Better Choices, Lower Costs

Insurance Commissioner Karen Weldin Stewart is encouraging people with Medicare and their families to begin reviewing drug and health plan coverage options for 2013.



Commissioner Stewart Announces the Transfer of $250,000 to the City of Wilmington as a Result of Delaware Captive Surplus

Economic opportunity, triple digit tax revenue growth, and the recognition of Delaware as an insurance industry leader are the ways to describe Insurance Commissioner Karen Weldin Stewart’s captive insurance program. Today, Commissioner Karen Weldin Stewart is proud to announce that under her leadership, The Delaware Department of Insurance has given $250,000 to the City of Wilmington due to the success of the Captive Bureau at the Delaware Department of Insurance.



Insurance Department Recovers $1.3 Million for Policyholders in 1st Quarter of 2012

Insurance Commissioner Stewart and the Delaware Department of Insurance report that $1,331,831.74 has been recovered for consumers in the first quarter of 2012. The Consumer Services Division has recovered $720,597.39 for Delaware policyholders and handled 2,055 formal complaints and inquiries which is an increase from 1,174 during the first quarter of 2011.



Commissioner Stewart Announces Delaware Will Receive Over $1 Million From MetLife Settlement Agreement

Multi-State Investigation Leads to Changes in How Company Handles Unclaimed Life Insurance Benefits – Commissioner Stewart stated today that, “This settlement was a victory for policyholders and we are glad that MetLife will honor their promise to individuals that paid premiums, and provide resolution to beneficiaries.” The Delaware Department of Insurance joined 27 other state insurance departments in a settlement agreement with Metropolitan Life Insurance Company, surpassing the number of participating jurisdictions required for the agreement to become effective. The agreement follows a multi-state investigation coordinated through the National Association of Insurance Commissioners (NAIC).



Homeowners and Renters: The Value of Taking Inventory

Right now, thousands of homeowners are cleaning up and filing insurance claims following an outbreak of devastating tornadoes across the U.S. However, according to a February 2012 survey from the National Association of Insurance Commissioners (NAIC), more than half of Americans don’t have a home inventory of their possessions, putting them at risk for inadequate home insurance coverage, should severe weather strike.






 Pages Tagged With: "Insurance Commissioner"

Medicare Open Enrollment Begins Monday — Seniors Have More Benefits, Better Choices, Lower Costs

Insurance Commissioner Karen Weldin Stewart is encouraging people with Medicare and their families to begin reviewing drug and health plan coverage options for 2013.



Commissioner Stewart Announces the Transfer of $250,000 to the City of Wilmington as a Result of Delaware Captive Surplus

Economic opportunity, triple digit tax revenue growth, and the recognition of Delaware as an insurance industry leader are the ways to describe Insurance Commissioner Karen Weldin Stewart’s captive insurance program. Today, Commissioner Karen Weldin Stewart is proud to announce that under her leadership, The Delaware Department of Insurance has given $250,000 to the City of Wilmington due to the success of the Captive Bureau at the Delaware Department of Insurance.



Insurance Department Recovers $1.3 Million for Policyholders in 1st Quarter of 2012

Insurance Commissioner Stewart and the Delaware Department of Insurance report that $1,331,831.74 has been recovered for consumers in the first quarter of 2012. The Consumer Services Division has recovered $720,597.39 for Delaware policyholders and handled 2,055 formal complaints and inquiries which is an increase from 1,174 during the first quarter of 2011.



Commissioner Stewart Announces Delaware Will Receive Over $1 Million From MetLife Settlement Agreement

Multi-State Investigation Leads to Changes in How Company Handles Unclaimed Life Insurance Benefits – Commissioner Stewart stated today that, “This settlement was a victory for policyholders and we are glad that MetLife will honor their promise to individuals that paid premiums, and provide resolution to beneficiaries.” The Delaware Department of Insurance joined 27 other state insurance departments in a settlement agreement with Metropolitan Life Insurance Company, surpassing the number of participating jurisdictions required for the agreement to become effective. The agreement follows a multi-state investigation coordinated through the National Association of Insurance Commissioners (NAIC).



Homeowners and Renters: The Value of Taking Inventory

Right now, thousands of homeowners are cleaning up and filing insurance claims following an outbreak of devastating tornadoes across the U.S. However, according to a February 2012 survey from the National Association of Insurance Commissioners (NAIC), more than half of Americans don’t have a home inventory of their possessions, putting them at risk for inadequate home insurance coverage, should severe weather strike.