Boomerang Kids Create Insurance Issues
Commissioner Stewart helps Baby Boomers and Gen Xers navigate empty nest reversal DOVER, DE — Nearly half of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting an adult child.1 These baby boomers and members of Generation X are feeling the pressure of […]
More Recognition for Delaware’s Captive Insurance Program
Insurance Commissioner Karen Weldin Stewart announced today that her captive insurance director, Steve Kinion, was recently selected as the 2016 Captive Insurance Industry Advocate of the Year. Captive Review magazine recognized Kinion as its inaugural recipient for the award. Over the past two years, Captive Review has also named Kinion as one of the top five influential people in captive insurance in the magazine’s annual Captive Power 50 rankings.
UD Report: Captive Insurance Program Boosts Delaware’s GDP, Jobs, Incomes, Tax Revenue
UD Report: Captive Insurance Program Boosts Delaware’s GDP, Jobs, Incomes, Tax Revenue Commissioner Stewart Celebrates Captive Bureau’s Economic Impact DOVER, DE –Insurance Commissioner Karen Weldin Stewart today announced the release of a University of Delaware economic impact study which shows that the Department of Insurance’s captive insurance program contributes nearly $360 million to Delaware’s annual […]
Commissioner Stewart Fines Three Insurers $114,500 for Market Misconduct
Dover, DE-Commissioner Karen Weldin Stewart fined the following companies a total of $114,500 during the second quarter of 2016 for violations of state insurance laws and regulations: Name […]
Insurance Department Will Help Find Delawareans’ Missing Life Insurance Policies
Commissioner Karen Weldin Stewart today announced that the Department now provides Delaware residents and their families with a free search service that can help locate missing life insurance policies or annuity contracts left behind by loved ones who have passed away.