Delaware history has been made after the Dept. of Insurance approved and issued a Certificate of Authority for the DeLea Founders Insurance Trust (DFIT) to operate as the first-ever Joint Municipal Insurance Trust for Workers’ Compensation.
The announcement comes as a result of an eight-year effort of George Wright of the Delaware League of Local Governments, Theresa DeSanto of Strategic Insurance Partners, and a core group of municipal members led by chair Ted Becker.
The DFIT Program is sponsored by the DLLG, under direction of Theresa DeSanto as the program administrator, and began in 2008 as a fully insured, group purchasing program for Delaware municipalities. The DFIT began with 11 founding memberships, has grown to 21 municipalities, and now represents membership of more than a third of all municipalities in the state of Delaware.
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