Department of Insurance Releases 2024 Data
Annual year-in-review shows continued success for Delaware consumers The Delaware Department of Insurance’s 105 team members are highlighting key achievements from their service to Delaware residents in 2024 including consumer assistance, attraction of new companies, expansions of coverage, supporting enhanced primary care access, and substantial funds contributed to the state. “Our team’s annual report provides […]
Navarro Announces Seventh Consecutive Workers’ Comp Rate Decrease
New rates will be effective December 1 UPDATE: Following a review of the Delaware Compensation Rating Bureau (DCRB) filing by independent actuaries and a public hearing with DCRB and the State’s Ratepayer Advocate, the final Workers’ Comp rates have been approved. Commissioner Navarro is proud to announce that additional decreases have been negotiated from the […]
Update: Sixth Consecutive Workers’ Comp Rate Decrease Announced
Double-digit drop will be effective December 1 Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the sixth year in a row, effective December 1, 2022. Both the voluntary market and the residual market will see rate decreases in the double digits. “Lowering worker’s compensations costs time and time again […]
Workers’ Comp. Insurance Rates Drop for Fourth Consecutive Year
Decrease and Workplace Safety Program save businesses money during unprecedented time Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the fourth year in a row, effective December 1, 2020. The voluntary market is seeing yet another double-digit decrease in loss costs, with an average 11.56% reduction, and residual market […]
Insurance Commissioner Shares Reopening Reminders
Businesses urged to revisit insurance needs, encourage workplace safety The Delaware Department of Insurance is sharing reminders with businessowners regarding important measures to take as phased reopenings begin and providing resources that can help companies enhance worker and customer safety throughout the reopening process. Insurance Commissioner Trinidad Navarro recommends that businesses revisit their insurance plans […]
