A Delaware law allowing Court of Chancery judges to preside over secret arbitration in business disputes is unconstitutional, a federal judge ruled last Thursday. The ruling came in a lawsuit filed by the Delaware Coalition for Open Government, which argued …
Delaware State Police are looking for a man who robbed an insurance agency in Wilmington at gunpoint. It happened about 4:30 p.m. last Thursday at Muncie Insurance on North Market Street. Troopers say a man entered the business, displayed a …
The Delaware Democratic Party’s endorsed candidate for insurance commissioner is returning more than $7,000 in political contributions to ensure compliance with campaign finance laws. Mitch Crane’s campaign told elections officials Monday that it will return $7,200 to several limited liability …
Delaware’s insurance commissioner, Karen Weldin Stewart, said this week the state’s captive insurance industry is growing at a fast pace. She also said the insurance department has recently given $250,000 from the captive insurance program’s surplus money to the state. …
Delaware’s captive insurance risk management certificate program is graduating its first class of 25 participants today.This new program was jointly created by Delaware’s insurance department and University of Delaware.
Delaware’s Insurance Commissioner Karen Weldin Stewart said her department recovered $1,331,831 for the state’s policyholders during 2012 first quarter. Commissioner Stewart announced the first-quarter’s recovery amount last week. The breakdown of funds recovered in the first quarter is as follows: …
State officials have launched public awareness campaign about motorcycle safety. The Respect Your Ride campaign includes traffic law enforcement and awareness activities by police departments throughout Delaware. It runs through September. Police will conduct patrols on roads with a high …
Aon Corp. announced that its stockholders voted overwhelmingly in favor of the proposal to approve the previously announced change in corporate domicile of the parent company of the Aon group of companies from Delaware to the U.K. at a special …
An open-government group on Tuesday, Oct. 25, challenged a law that allows members of Delaware’s Court of Chancery to preside over secret arbitration proceedings in business disputes. The Delaware Coalition for Open Government claims in the federal lawsuit that a …
Delaware Insurance Commissioner Karen Weldin Stewart said through Department of Insurance interventions, Delawareans recovered $1,827,923 in the first nine months of 2011. The breakdown of the restituted funds consists of complaints ($580,303); arbitration ($592,930); and market conduct ($654,690). The Commissioner …
