Latest Delaware Headlines
All the headlines from our Delaware Topic Page, ordered by recency.
Full Plate of Insurance Issues Awaits Del. Legislative Agenda
Jan 9 2006 // The Delaware General Assembly will have a full plate of insurance issues on its agenda when it reconvenes on Jan. 10, according to Richard Stokes, regional manager for the Property Casualty Insurers Association of America...
People & Places
Dec 5 2005 // Edward Troy GAB Robins, the international claims services firm, announced that Edward G. Troy has been named president and chief executive officer of the GAB Robins Group of Companies. Brandon Hickey Before joining GAB...
People
Dec 4 2005 // GAB Robins, the international claims services firm, announced that Edward G. Troy has been named president and chief executive officer of the GAB Robins Group of Companies. Before joining GAB Robins, Troy served as...
Delaware Rejects 10% Workers’ Comp Hike; Signals 8% Would Be Approved
Nov 8 2005 // Delaware Insurance Commissioner Matt Denn said today he would not approve a proposed 10 percent increase in the workers’ compensation insurance rates, telling insurance companies that he would however approve a lower...
Insurers Challenge Delaware Curb on Use of Claims History in Renewals
Nov 1 2005 // Insurers are challenging a Delaware regulation that limits their ability to base homeowners insurance underwriting decisions on insureds’ past claims history. The American Insurance Association and the Property...
Delaware Hears Proposed 10% Workers’ Comp Hike Today
Oct 26 2005 // The First State’s Insurance Commissioner Matthew Denn is today holding what he thinks may be the state’s first true public hearing on workers’ compensation rates. The subject of today’s hearing will...
Hartford to Issue Refunds in Delaware Over Error in Credit Scoring
Oct 24 2005 // In July, James Fry of Dagsboro, e-mailed Delaware Insurance Commissioner Matt Denn about an increase in his homeowner insurance premium that he knew couldn’t be right. Fry asked for an explanation of a proposed...
Wilmington Trust Expands Captive Insurance Management Services
Sep 28 2005 // Wilmington Trust, a provider of specialized management and fiduciary services to corporations worldwide, is expanding the reach of its captive insurance management services. Wilmington Trust entered the growing captive...
Delaware in Market for Director for Revised Captive Insurance Division
Sep 15 2005 // Delaware Insurance Commissioner Matt Denn and the Department of Insurance are seeking applicants for the position of director of the department’s newly-revised captive insurance company division. Under a law enacted...
Del. Captive Insurance Association Applauds New State Legislation
Aug 25 2005 // At a ceremonial bill signing held earlier in the week, the Delaware Captive Insurance Association (DCIA) commended the Delaware General Assembly and Delaware Gov. Ruth Ann Minner for the recent passage of House Bill 218,...
LEG SESSION DIFFICULT, NOT DAMAGING:
Aug 8 2005 // The 143rd Delaware General Assembly wrapped up its 2005 biennial session with the passage of the budget bill on June 30 and without the passage of legislation that would have negatively impacted insurers according to the...
News Briefs
Aug 8 2005 // National Poll Reveals Americans’ Views on Aging: A poll by the MetLife Mature Market Institute conducted by Zogby International shows that 60 percent of Americans believe “old” is age 71 and over, but...
Del. Restricts Homeowners Renewals, Requires ‘Gap’ Disclosure
Aug 7 2005 // Delaware Insurance Commissioner Matthew Denn wants to restrict insurers from canceling homeowners’ insurance policies because they have made a few claims and require insurers to more fully disclose to insureds...
Del. Chief Vows to Lower Med-Mal Rates Using Claims Tracking System
Jul 29 2005 // Delaware’s new system to track the results of medical malpractice claims is up and running, with the goal of lowering medical costs by proving to insurance companies that Delaware is a favorable place to insure...
Delaware Commissioner Wants To Publicize Complaints Against Insurers
Jul 21 2005 // Delawareans would be able to evaluate insurance companies based on the number and kinds of valid complaints made against them by their customers under a new system proposed by Delaware Insurance Commissioner Matthew...
State Farm Trims Del. Homeowners Rates by Average of 5%
May 11 2005 // Delaware Insurance Commissioner Matt Denn announced that State Farm Insurance, the state’s largest insurer of homes and second largest insurer of automobiles, would cut its automobile and homeowners insurance rates...
MED-MAL SOLUTIONS SOUGHT:
Apr 18 2005 // Delaware Insurance Commissioner Matt Denn and a bi-partisan group of legislative leaders, physicians, and civic leaders announced a five-part plan to address medical malpractice insurance rates: A high-profile recruitment...
Pa. Counties Flood for Second Time in 7 Months
Apr 11 2005 // The grim task of damage assessment continued last week as officials in nine Pennsylvania counties took note of houses, businesses, roads and bridges stricken by flooding from rains last weekend. Thousands of structures up...
Pa. Gov. Requests Accelerated Presidential Disaster Declaration Process Following Weekend Storm
Apr 7 2005 // Pennsylvania Gov. Edward Rendell has sent a letter to President George W. Bush regarding last weekend’s flooding along the Delaware and Susquehanna Rivers. Because many of the flood-impacted areas suffered extensive,...
Insurers Warn in Study: Unprofitable Del. Auto Insurance Market Could Face Reduced Competition
Apr 6 2005 // Even after investment income is considered, underwriting private passenger automobile insurance in Delaware has been unprofitable for the past five years, according to a study done by the Property Casualty Insurers...