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It's the fifth year in a row that workers' compensation rates have dropped. This year's decrease goes into effect on Dec. 1.

Workers' compensation insurance rates will decrease for the fifth year in a row, effective Wednesday, announced Delaware Insurance Commissioner Trinidad Navarro on Monday. The Delaware Compensation Rating Bureau agreed to the lower rates after discussion with the Department of Insurance and the state's ratepayer advocate, as well as a review of the DCRB...

Delaware licenses 70 new captives in 2020 02-02-2021 12-02-2020 The Delaware Department of Insurance (DDI) licensed 70 new captives in 2020, including 67 conditional licenses, contributing $1 million to the City of Wilmington and $2.9 million to the State of Delaware General Fund in Fiscal Year 2020. Overall DDI licensed a total of 220,977 professionals, 37,885 whose licenses were processed by the department over the last year. The rates and forms team reviewed a total of 1,251 rates, forms, and advertisements related to life and health insurance, and 27,258 property and casualty submissions....