Latest Delaware Headlines
All the headlines from our Delaware Topic Page, ordered by recency.
Health Insurers to Rebate More Than $2M to Delaware Consumers
Dec 7 2015 // Delaware Insurance Commissioner Karen Weldin Stewart announced that insurers will issue more than $2 million in rebates to 14,399 health insurance policyholders in Delaware as a result of the Affordable Care Act’s...
Delaware Marks Licensing of 1,000th Captive
Dec 7 2015 // Delaware Gov. Jack Markell presented Insurance Commissioner Karen Weldin Stewart with a proclamation on Nov. 9 recognizing the Department of Insurance’s (DOI) licensing of its 1,000 captive insurer, AWI Inc. of...
Judge Says Kinder Morgan Owes Investors Damages for El Paso Pipeline Deal
Dec 4 2015 // Energy pipeline operator Kinder Morgan Inc. is on the hook for the bulk of $171 million in damages owed to investors in an affiliate of El Paso Corp., which Kinder Morgan acquired in 2014, a Delaware judge ruled on...
Del. Court of Chancery Vice Chancellor Noble to Retire in February
Nov 20 2015 // One of the most important venues for U.S. corporate disputes, Delaware’s Court of Chancery, will lose one of its five judges when Vice Chancellor John Noble retires in February. Noble, 64, informed Delaware Governor...
Delaware OKs 7.2% Increase in Workers’ Comp Voluntary Market Loss Costs
Nov 17 2015 // 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...
Delaware Won’t Approve ‘Widow’s Penalty’ in Setting Auto Rates
Nov 16 2015 // Delaware Insurance Commissioner Karen Weldin Stewart announced that her department will not approve any auto insurance company’s rate submission that includes a “widow’s penalty,” under which a...
People – East
Nov 16 2015 // The Hilb Group, a middle market insurance agency based in Richmond, Virginia, hired David Hobbs as president and chief operating officer. The title of president was previously held by Chief Executive Officer Robert Hilb...
Delaware Officials Say Several Insurers Received Fraudulent Invoice
Nov 12 2015 // The Delaware Department of Insurance issued a bulletin to all insurance carriers doing business in Delaware, warning them to look out for deceptive invoices. The bulletin No. 80 (“Deceptive Solicitation From...
Delaware Marks Licensing of 1,000th Captive Insurer
Nov 10 2015 // Delaware Gov. Jack Markell presented Insurance Commissioner Karen Weldin Stewart with a proclamation Monday recognizing the Department of Insurance’s (DOI) licensing of its 1,000 captive insurance company, AWI Inc....
Insurance Agents & Brokers in Penn. Announces Newly Elected Directors
Oct 29 2015 // The fall marks a new administrative year for Insurance Agents & Brokers Service Group in Mechanicsburg, Pennsylvania, and its partnership of agents’ associations in Delaware, Maryland and Pennsylvania. The...
Delaware Won’t Approve ‘Widow’s Penalty’ in Setting Auto Rates
Oct 22 2015 // Delaware Insurance Commissioner Karen Weldin Stewart announced Wednesday that her department will not approve any auto insurance company’s rate submission that includes a “widow’s penalty,” under...
Delaware Bans Price Optimization in Insurance Pricing
Oct 19 2015 // Delaware has issued a bulletin prohibiting the use of price optimization in insurance pricing. The Delaware Department of Insurance said in its Bulletin No. 78 on Oct. 1 that “while price optimization has no...
Delaware’s Punkin Chunkin Nixed
Oct 19 2015 // For the second year in a row, Delaware’s annual pumpkin flinging contest has been squashed. Organizers of the World Championship Punkin Chunkin said on Oct. 8 that this year’s event, scheduled for Nov. 7 and 8...
Delaware Judge Slashes $100M Boston Scientific Mesh Verdict to $10M
Oct 13 2015 // A Delaware judge on Oct. 9 said Boston Scientific should only have to pay $10 million to a woman originally awarded $100 million by a jury who found she was injured by transvaginal mesh, a device that is the subject of...
Delaware’s Pumpkin Flinging Event Canceled Due to Insurance Issues
Oct 9 2015 // For the second year in a row, Delaware’s annual pumpkin flinging contest has been squashed. Organizers of the World Championship Punkin Chunkin said Thursday that this year’s event, scheduled for next month at...
Delaware Bans Use of Price Optimization in Insurance Pricing
Oct 6 2015 // Delaware has issued a bulletin prohibiting the use of price optimization in insurance pricing. The Delaware Department of Insurance said in its Bulletin No. 78 on Oct. 1 that “while price optimization has no...
Delaware Gov. Markell, Education Officials Tout Statewide School Safety Efforts
Sep 25 2015 // Delaware officials are celebrating the completion of a statewide effort to improve safety in public schools. Delaware Gov. Jack Markell joined education and law enforcement officials Tuesday to recognize the completion of...
Delaware Regulators Recovered $995K for Consumers During 1st Half of 2015
Sep 22 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...
Delaware Court Raising Standards for Class Actions Against Mergers
Sep 21 2015 // A Delaware judge signaled on Thursday that the rules are changing for shareholder class actions challenging corporate mergers, which are widely criticized for reaping millions dollars in lawyers’ fees while rarely...
IA&B in Pennsylvania Announces Officers for 2015-16 Administrative Year
Sep 18 2015 // The fall marks a new administrative year for the Insurance Agents & Brokers Service Group (IA&B) in Mechanicsburg, Pennsylvania, and its partnership of agents’ associations. The following directors have...
