Delaware workers’ compensation News

Delaware OKs 7.2% Increase in Workers’ Comp Voluntary Market Loss Costs

Delaware Insurance Commissioner Karen Weldin Stewart today announced the approval of Delaware Compensation Rating Bureau (DCRB)’s workers’ compensation amended rate filing, resulting in an overall average increase of 7.09 percent in residual market rates and 7.20 percent in voluntary market …

Delaware Regulators Recovered $995K for Consumers During 1st Half of 2015

Delaware Insurance Commissioner Karen Weldin Stewart and the Delaware Department of Insurance announced that the Department has recovered $995,558 for consumers during the first six months of 2015. The Delaware Department of Insurance said its Consumer Services Division received 2,345 …

Delaware Compensation Rating Bureau Seeks Loss Costs Increase

The Delaware Compensation Rating Bureau (DCRB) announced that it has submitted to the Delaware Department of Insurance a filing of revisions to the state’s Residual Market Plan, voluntary market loss costs and related rating values with a proposed effective date …

Delaware OKs Decreases in WC Voluntary Loss Cost, Residual Market Rate

Delaware Insurance Commissioner Karen Weldin Stewart today announced the approval of the Delaware Compensation Rating Bureau’s (DCRB) workers’ compensation amended rate filing, resulting in overall average decreases of 9.7 percent in the residual market rate and 11.5 percent in the …

Delaware Regulator Schedules Workers’ Comp Rate Hearing

Delaware Insurance Commissioner Karen Weldin Stewart announced that the state’s Department of Insurance has scheduled a public hearing for Jan. 12 and 13 to receive public comment on the proposed decrease in both the workers’ compensation voluntary market loss costs …

DCRB Seeks Decrease in Del. WC Voluntary Loss Costs, Residual Market Rates

The Delaware Department of Insurance said it has received the Delaware Compensation Rating Bureau’s (DCRB) filing proposing a decrease in both the workers’ compensation voluntary market loss costs and the residual market rates for 2015. DCRB’s filing No. 1404 proposes …

Delaware Workers’ Compensation Oversight Panel Begins Work

A Delaware panel established to oversee efforts to keep the state’s workers compensation rates affordable is getting down to work. Delaware’s Workers Compensation Oversight Panel is charged with creating a new medical fee schedule that would result in a 33 …

Del. Lawmakers Approve Bill Aimed at Lowering Workers’ Comp Medical Costs

Delaware lawmakers have given final approval to legislation aimed at lowering workers’ compensation insurance rates in Delaware. The bill approved unanimously by the Senate on Wednesday calls for a 33 percent reduction in medical costs for workers’ compensation cases over …

Delaware Lawmakers Eye Proposals to Lower Workers’ Comp Medical Costs

Delaware lawmakers are expected to act quickly on recommendations from a state task force aimed at lowering workers’ compensation insurance rates. The task force presented lawmakers a report on May 15 proposing that workers compensation medical costs to be trimmed …

Delaware Approves 14% Hike in Workers’ Comp Voluntary Market Loss Costs

Delaware Insurance Commissioner Karen Weldin Stewart announced today that she has approved the re-submission of the Delaware Compensation Rating Bureau (DCRB) workers’ compensation rate filing regarding the residual market rate and the voluntary market loss cost. The commissioner and Ratepayer …