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Captive Archives - State of Delaware News
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Delaware News



  Category: Captive


Navarro Announces Eighth Consecutive Workers’ Comp Rate Decrease

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, October 14, 2024

Additionally, Workplace Safety Program eligibility changes will help more companies stay safe and save money Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the eighth year in a row, effective December 1. The voluntary market is expected to decrease average loss costs by 8.4%, and the residual market will […]




Highmark Exam Results In Mental Health Parity Penalties

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, October 8, 2024

Unfair treatment of mental health conditions and other compliance issues uncovered, must be corrected. The Delaware Department of Insurance today announced the completion of its first follow-up Mental Health Parity and Addiction Equity Act (“Mental Health Parity”) examination, which also included reviews of complaint and grievance handling, policyholder services, claims, utilization review, and pharmacy review. […]




Medicare Assistance Bureau: Important Reminders Ahead of Open Enrollment

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Thursday, October 3, 2024

Free one-on-one counseling saved Delawareans $3.8M in 2023 As Medicare Open Enrollment approaches, the Delaware Department of Insurance and its Medicare Assistance Bureau (DMAB) are sharing their annual consumer information update. From October 15 to December 7, consumers can join, switch, or drop a Medicare Prescription Drug Plan (Part D) or Medicare Advantage Plan. DMAB’s […]




Delaware Brings Private Paid Family Medical Leave Policies to Market

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, September 19, 2024

Insurers approved to offer plans with benefits equal to or greater than the forthcoming state plan Insurance Commissioner Trinidad Navarro announced today that the Department of Insurance has approved Delaware’s first private Paid Family Medical Leave plans. These filings, reviewed by independent actuaries and against state requirements, provide options for businesses who wish to purchase […]




Health Insurance Marketplace Data Released; Rates Finalized

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, September 16, 2024

Filings and affordability standard reporting reviewed by Department, consumers continue to benefit from increased competition, Inflation Reduction Act, and 1332 Reinsurance Waiver After welcoming new entrants for two consecutive years, the Delaware Health Insurance Marketplace is experiencing stability in carriers, plans, and rates for the 2025 plan year. Consumers will choose from 45 plans offered […]







  Category: Captive

Navarro Announces Eighth Consecutive Workers’ Comp Rate Decrease

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, October 14, 2024

Additionally, Workplace Safety Program eligibility changes will help more companies stay safe and save money Insurance Commissioner Trinidad Navarro announced today that workers’ compensation insurance rates will decrease for the eighth year in a row, effective December 1. The voluntary market is expected to decrease average loss costs by 8.4%, and the residual market will […]




Highmark Exam Results In Mental Health Parity Penalties

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Tuesday, October 8, 2024

Unfair treatment of mental health conditions and other compliance issues uncovered, must be corrected. The Delaware Department of Insurance today announced the completion of its first follow-up Mental Health Parity and Addiction Equity Act (“Mental Health Parity”) examination, which also included reviews of complaint and grievance handling, policyholder services, claims, utilization review, and pharmacy review. […]




Medicare Assistance Bureau: Important Reminders Ahead of Open Enrollment

Captive | Captive Insurance | Insurance Commissioner | News | Date Posted: Thursday, October 3, 2024

Free one-on-one counseling saved Delawareans $3.8M in 2023 As Medicare Open Enrollment approaches, the Delaware Department of Insurance and its Medicare Assistance Bureau (DMAB) are sharing their annual consumer information update. From October 15 to December 7, consumers can join, switch, or drop a Medicare Prescription Drug Plan (Part D) or Medicare Advantage Plan. DMAB’s […]




Delaware Brings Private Paid Family Medical Leave Policies to Market

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Thursday, September 19, 2024

Insurers approved to offer plans with benefits equal to or greater than the forthcoming state plan Insurance Commissioner Trinidad Navarro announced today that the Department of Insurance has approved Delaware’s first private Paid Family Medical Leave plans. These filings, reviewed by independent actuaries and against state requirements, provide options for businesses who wish to purchase […]




Health Insurance Marketplace Data Released; Rates Finalized

Captive | Captive Insurance | Insurance Commissioner | Date Posted: Monday, September 16, 2024

Filings and affordability standard reporting reviewed by Department, consumers continue to benefit from increased competition, Inflation Reduction Act, and 1332 Reinsurance Waiver After welcoming new entrants for two consecutive years, the Delaware Health Insurance Marketplace is experiencing stability in carriers, plans, and rates for the 2025 plan year. Consumers will choose from 45 plans offered […]