Difference between revisions of "Delaware Insurance Commissioner"

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|Officeholder image = Karen Stewart.gif
|Officeholder image = Karen Stewart.gif
|Assumed office = January 2009  
|Assumed office = January 2009  
|Compensation = 107,457
|Compensation = 108,532
|Next election =November 2016
|Next election =November 2016
|Last election= [[Delaware state executive official elections, 2012|November 6, 2012]]
|Last election= [[Delaware state executive official elections, 2012|November 6, 2012]]
Line 158: Line 158:
:: ''See also: [[Compensation of state executive officers]]''
:: ''See also: [[Compensation of state executive officers]]''
In 2013, the insurance commissioner was paid an estimated [[Compensation of state executive officers|$108,532]]. This figure comes from the [[Council of State Governments]].

Revision as of 12:55, 28 January 2014

Delaware Insurance Commissioner
General information
Office Type:  Partisan
Office website:  Official Link
2013 FY Budget:  $24,049,600
Term limits:  None
Length of term:   4 years
Authority:  Delaware Constitution, Article III, Section 21
Selection Method:  Elected
Current Officeholder

Karen Stewart.gif
Name:  Karen Weldin Stewart
Officeholder Party:  Democratic
Assumed office:  January 2009
Compensation:  $108,532
Next election:  November 2016
Last election:  November 6, 2012
Other Delaware Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSecretary of EducationAgriculture SecretaryInsurance CommissionerNatural Resources SecretaryLabor SecretaryPublic Service Commission
The Delaware Insurance Commissioner is an elected state executive position in the Delaware state government. Insurance commissioners regulate Delaware's insurance industry, track insurance companies' financial well-being, and investigates insurance fraud complaints. Unlike many other down ballot executive offices, Delaware's insurance commissioner is elected and serves four year terms.[1]

Current officeholder

The current officeholder is Karen Weldin Stewart, a Democrat. Stewart was elected to her first four-year term in 2008 and won re-election in November 2012.

Before becoming commissioner, Stewart was a vice president with Reinsurance Solutions International, a position she had held since 1997. She owned and operated Weldin Group, Inc., an insurance and reinsurance consulting agency, from 1993 to 1997, and worked as a deputy receiver in the Delaware Insurance Department from 1989 to 1993. Stewart is a co-founder of the International Association of Insurance Receivers, and has served three times as its president. She currently serves as a regulatory coordinator with the National Association of Insurance Commissioners.[2]


The Insurance Commissioner's election and term of office, are established by Article III of the Delaware Constitution.

Delaware Constitution, Article III, Section 21:

The terms of the office of the Attorney General, the Insurance Commissioner, the Auditor of Accounts and the State Treasurer shall be four years. These officers shall be chosen by the qualified electors of the State at general elections, and be commissioned by the Governor....


There are no special qualifications for the office of insurance commissioner.


Delaware state government organizational chart

Delaware elects insurance commissioners to four-year terms during gubernatorial election years. 2004, 2008, 2012, and 2016 are all insurance commissioner election years. Insurance commissioner elections are partisan, unlike some other down-ballot elected positions.


See also: Delaware down ballot state executive elections, 2012

Incumbent Karen Weldin Stewart defeated challengers Benjamin Mobley (R) and David R. Eisenhour (L) in the November 6, 2012 general election. On October 24, 2012 Eisenhour suspended his campaign, announcing instead that he would run for clerk of the peace in Sussex County.[3]

Delaware Insurance Commissioner General Election, 2012
Party Candidate Vote % Votes
     Democratic Green check mark transparent.pngKaren Weldin Stewart Incumbent 61.1% 233,354
     Republican Benjamin Mobley 36.8% 140,669
     Libertarian David R. Eisenhour 2.1% 7,838
Total Votes 381,861
Election Results via Delaware State Board of Elections.

Term limits

There are no term limits for the office of insurance commissioner.


Details of vacancy appointments are addressed under Article III, Section 9. If a vacancy occurs in the position of insurance commissioner, the governor has the power to fill the vacancy until a successor is elected.


The insurance commissioner is administrative head of the Delaware Department of Insurance, the agency responsible for regulating and supervising the operations of the state's insurance industry. Besides its regulatory duties, the Department of Insurance investigates insurance fraud complaints, provides consumers with consulting services and arbitrates disputes between companies and consumers.[4]


The Insurance Commissioner's Office consists of five major divisions:[1]

Bureau of Captive and Financial Insurance Products

The Bureau of Captive and Financial Insurance Products is responsible for the following:[1]
  • Regulates captive insurance companies consistent with their nature and purpose;
  • Provides flexibility and opportunity to captive insurance companies and to persons utilizing them; and
  • Fosters economic development in this State through the growth of the captive insurance industry.

Bureau of Company Examination, Rehabilitation and Guaranty

The Bureau of Company Examination, Rehabilitation and Guaranty (BERG) is responsible for the following:[1]
  • Reviews applications to do business in Delaware
  • Monitors the financial operations of the 1,500 foreign and 150 domestic insurers licensed in Delaware
  • Monitors the market conduct of insurers operating in Delaware
  • Approves or contests their rate filing
  • Rehabilitates or liquidates financially impaired insurers

Consumer Services and Investigations Division

The Consumer Services and Investigations Division is responsible for the following:[1]
  • Provides information on how to make decisions that can lower the cost of insurance and increase the value the consumer receives.
  • Assists consumers in resolving conflicts with insurance companies, health coverage providers, and agents.
  • Provides arbitration hearings as a low-cost alternative to civil litigation to resolve disputed consumer claims.
  • Investigates concerns regarding all types of insurance and utilizes consumer input to review market trends, statute and rule violations, and to develop changes to the insurance law.

Fraud Prevention Bureau

The Fraud Prevention Bureauis responsible for the following:[1]
  • Investigates property and casualty, auto, life, health, workers compensation, provider and agent insurance fraud.
  • Provides a focal point for the anti-fraud efforts of insurance company investigators, law enforcement agencies, and prosecutors to achieve a cooperative and coordinated approach to the detection, investigation, and prosecution of insurance fraud.

Producer Licensing and Continuing Education Division

The Producer Licensing and Continuing Education Divisionis responsible for the following:[1]
  • Develops and administers tests for entry into the field
  • Maintains permanent records on the 33,000 insurance professionals
  • Administers the Continuing Education Program
  • Provides consumers information about licensing status of a producer

State budget

The budget for the Insurance Commissioner's Office in the Fiscal Year 2013 was $24,049,600.[5]


See also: Compensation of state executive officers


In 2013, the insurance commissioner was paid an estimated $108,532. This figure comes from the Council of State Governments.


In 2012, the insurance commissioner was paid an estimated $107,457. This figure comes from the Council of State Governments.


In 2010, the Delaware Insurance Commissioner was paid $102,715 according to the Council of State Governments.[6]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the Delaware Insurance Commissioner has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

This section displays the most recent stories in a google news search for the term Delaware + Insurance + Commissioner

All stories may not be relevant to this page due to the nature of the search engine.

Delaware Insurance Commissioner News Feed

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Contact information


Main Office
841 Silver Lake Blvd.
Dover, DE 19904
(302) 674-7300

Wilmington Office
Carvel State Office Building, 5th Floor
820 N. French St.
Wilmington, DE 19801
(302) 577-5280

See also

External links