Posts Tagged ‘Delaware insurance commissioner’
Delaware Insurance Commissioner Announces State Farm Rate Cuts and $5B Customer Dividend
If you’re a State Farm auto insurance policyholder, you may be receiving money as part of a national $5 billion dividend to qualifying customers. Delaware Insurance Commissioner Navarro has announced State Farm’s rate reductions in the state, along with details on the distribution process for the dividend. The one-time distribution will go to qualifying State…
Read MoreUPDATE: Workers’ Compensation Insurance Rates in Delaware to Decrease for Seventh Year in a Row
UPDATE 10/12/23: The final Workers’ Comp rates have been approved. Commissioner Navarro has announced that additional decreases have been negotiated from the initial filing: Residual Market: Average decrease of 13.85% Voluntary Market: Average decrease of 10.03% The approval follows a review of the Delaware Compensation Rating Bureau (DCRB) filing by independent actuaries and a public…
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