Captives reduce taxpayer burden Insurance Commissioner Trinidad Navarro announced data showing a strong year of captive insurance formations in Delaware, with 56 licenses provided in 2019, outpacing previous years. “The success of Delaware’s captive …
Workplace Safety Program saves $7.6 million for participants The Delaware Department of Insurance has analyzed new filings from the state’s top writers of workers’ compensation insurance after announcing the third consecutive year of decreased rates in …
Consumers won nearly 90% of arbitration cases in 2019 The Delaware Department of Insurance announced that its arbitration services program earned residents $839,466 in awards during 2019. Considering overlap from the previous year, 354 settlements occurred …
Fraud Bureau saw a 10% uptick in reports last year The Delaware Department of Insurance made great strides in fraud detection and response during 2019. Throughout the year, 6 criminal arrests that included 21 charges were recommended from the Department’s …
Delaware Commissioner selected from leaders across the country to head important consumer-focused committee Delaware Insurance Commissioner Trinidad Navarro was appointed Chair of the National Association of Insurance Commissioner’s Antifraud Task Force …
Investigations result in discovery and correction of issues impacting consumers The Delaware Department of Insurance’s Market Conduct Examinations resulted in the receipt of nearly $700,000 in fines during 2019 from more than a dozen companies found to …
NEW CASTLE (Dec. 23, 2019) – With a new reinsurance program driving down the cost of monthly premiums, enrollment on Delaware’s Health Insurance Marketplace increased more than 6% during the open enrollment period that ended earlier this month. Open …
The federal government’s newly-revamped tool can lead to increased costs. Commissioner Trinidad Navarro has released a rare consumer alert regarding Medicare’s newly-updated Prescription Plan Finder. Throughout this year’s open enrollment period, which …
Delaware’s Department of Insurance is pleased to announce that it is actively recruiting for a qualified independent contractor to staff and run its new Office of Value-Based Health Care Delivery. The Office will assist the Insurance Commissioner and …
With state’s new reinsurance program in place, premiums for 2020 will be down 19%; biggest impact for those not eligible for financial help NEW CASTLE (Oct. 31, 2019) – With the state’s new reinsurance program in place and premiums declining for the first …
DOVER, DE – Delaware Insurance Commissioner Trinidad Navarro is pleased to announce that there will be another decrease in workers’ compensation insurance rates, effective December 1, 2019. “I am delighted to approve a decrease in workers’ compensation …
Dover, DE – Insurance Commissioner Trinidad Navarro officially announced the final approval of the 2019 Affordable Care Act (“ACA”) rates. Highmark Blue Cross Blue Shield of Delaware (“Highmark BCBSD”), the only insurer currently on the Marketplace, …
Dover, DE—Janet Lane, 59, formerly of Ocean View, Delaware was indicted on Monday September 9th, 2019 by a Sussex County Grand Jury for two counts of insurance fraud and one count of identity theft following an investigation by the Delaware Department of …
FOR IMMEDIATE RELEASE September 10, 2019 Delaware Department of Insurance Opens New Building in Dover, Delaware Lt. Scott Simpson Capital Police, State Auditor Kathy McGuiness, Building Owner and Developer Frank DiMondi, Lt. Governor Bethany Hall-Long, …
FOR IMMEDIATE RELEASE September 9, 2019 MEDIA ADVISORY WHAT: Delaware Insurance Commissioner Trinidad Navarro will be hosting a ribbon cutting and ceremony to commemorate the opening of the Delaware …
September 3, 2019 Delaware is a finalist for non-Asian domicile of the year. Captive Review magazine released the shortlists for the 2019 Asia Captive Awards for both captive insurance domiciles in Asia and non-Asian domiciles having a significant …
On June 20, Gov. John Carney signed enabling legislation (House Bill 193) moving Delaware a step closer to a reinsurance program beginning in 2020. NEW CASTLE (Aug. 20, 2019) – The Department of Health and Social Services (DHSS) received approval today …
August 13, 2019 – The Delaware Department of Insurance has received inquiries from Medicare eligible citizens concerning misunderstandings or misinformation they’ve received from some insurance agents and brokers regarding the Medicare Access and CHIP …
Dover, DE August 8, 2019 — A Wilmington woman was indicted by the New Castle County Grand Jury for insurance fraud and other felony charges. Theresa T. Milton, 44, of the 900 block of Clayton Street, was indicted on seven felony counts of insurance fraud …
On Wednesday, July 31, 2019, Governor John C. Carney, Jr., signed House Bill 174 (“HB 174”) into law. Titled the Delaware Insurance Data Security Act, this law is based on an NAIC Model Act, which establishes a comprehensive regulatory framework requiring …
