Agency Budget Request

Narrative

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Mentions of “INSURANCE” — 15 found on pages 1, 2

Insurance Commissioner At a Glance • Monitor the financial operations of app roximately 2,149 foreign and 149 domestic insure …

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… 49 domestic insurers licensed in Delaware and take regulatory measures to assure their solvency; • Regulate captive insurance companies, consistent with their nature and purpose, and foster economic development in Delaware through the growth o …

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… nsistent with their nature and purpose, and foster economic development in Delaware through the growth of the captive insurance industry; • Investigate property and casualty, auto, life, health, workers ’ compensation, provider and agent insur …

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… rance industry; • Investigate property and casualty, auto, life, health, workers ’ compensation, provider and agent insurance fraud to reduce the cost of insurance to consumers; • Issue licenses to insurance agents, brokers, adjusters, apprais …

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… ty and casualty, auto, life, health, workers ’ compensation, provider and agent insurance fraud to reduce the cost of insurance to consumers; • Issue licenses to insurance agents, brokers, adjusters, appraisers and consultants in order to ensu …

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… compensation, provider and agent insurance fraud to reduce the cost of insurance to consumers; • Issue licenses to insurance agents, brokers, adjusters, appraisers and consultants in order to ensure competency and ethical conduct in the field …

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… , appraisers and consultants in order to ensure competency and ethical conduct in the field; • Review and regulate insurance contracts and rate filings to confirm compliance with applicable actuarial standards, statutory provisions and regula …

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… au that offers free, one- on-one counseling. Overview In accordance with Title 18 of the Delaware Code, the Insurance Commissioner of the State of Delaware will investigate consumer complaints and inquiries, and advocate for Delawarean …

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