Tag: Captive Insurance

Delaware Captive Bureau to Welcome New Director

Department shares appreciation for Steve Kinion’s years of service The Delaware Department of Insurance today announced a planned leadership transition following an upcoming departure of long-time Captive Bureau Director Steve Kinion. The unique form o...

Workers’ Comp Rates to Decrease for Fifth Consecutive Year

Double-digit drop effective December 1 Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the fifth year in a row, effective December 1, 2021. The voluntary market is seeing yet another ...

Three Residents Indicted for Insurance Fraud by Grand Jury

Late last month in New Castle County, a Grand Jury indicted multiple residents for insurance fraud. The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with the Delaware Department of Justice. They a...

Delaware Seeks Data on Climate Change’s Impact on Insurance

Participating in National Insurer Climate Risk Disclosure Survey Insurance Commissioner Trinidad Navarro has announced Delaware’s participation in the National Association of Insurance Commissioners’ Insurer Climate Risk Disclosure Survey, an eff...

Delaware Captive Insurance Legislation Signed by Governor

State’s dormancy laws now offer greater flexibility With the Governor’s recent signature, Delaware’s Captive Insurance Division is celebrating increased flexibility in its offerings to captive insurance companies. Senate Substitute 1 for Senate Bill 36...

Advances in Primary Care Reform Made Possible by Legislature

General Assembly sent key bill to the Governor The Delaware General Assembly passed legislation to increase Delawareans’ access to high quality, affordable health care through a series of reforms that will refocus Delaware’s healthcare system on primar...

Department of Insurance Announces 2020 Year-End Data

Insurance Commissioner Trinidad Navarro highlights successes, resilience The Delaware Department of Insurance published today a series of statistics outlining performance and productivity during 2020. These metrics show successes notwithstanding the pa...

Delaware’s First Mental Health Parity Examinations Complete

Regulated health insurers found to be in violation laws of that prohibit discrimination in mental healthcare, $597K in fees assessed Insurance Commissioner Trinidad Navarro has announced the completion of the first in a series of Mental Health Parity e...

Overdose Medication Distribution Planned For Smyrna Wednesday

Commissioner Navarro to provide Naloxone kits and training at event Insurance Commissioner Trinidad Navarro, in collaboration with Public Health’s Kent County Community Response Team, the First Presbyterian Church of Smyrna, and the Smyrna-Clayton Mini...

Rates To Decrease In Delaware Affordable Care Act Marketplace

Second consecutive year of reductions in health insurance rates In a year when the nation’s attention is firmly focused on healthcare and its costs, Delaware Insurance Commissioner Trinidad Navarro has announced another reduction in rates on the Delawa...

Important Insurance Reminders After Tropical Storm Isaias

Commissioner Navarro encourages caution in repairs, meets with community Tropical Storm Isaias produced tornado activity, heavy rain and flooding, hail, and strong winds throughout the state, causing significant destruction in several Delaware communit...

Navarro Urges Residents to Prepare for Tropical Storm Isaias

Provides information on insurance processes for property damage As Tropical Storm Isaias approaches Delaware, residents are urged to prepare for dangerous winds over 55 miles per hour and up to 6 inches of rain. Storm surges, localized flooding, tree d...