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Press Releases

Press Releases

Cigna pays more than $172 million to settle Medicare Advantage allegations

Cigna, a national insurer with offices in Delaware, agreed to pay $172,294,350 to resolve allegations that it violated the civil False Claims Act by submitting and failing to withdraw inaccurate and untruthful diagnosis codes for its Medicare Advantage Plan enrollees. The allegations included individuals being diagnosed as morbidly obese when they were not. Cigna offers Medicare Advantage plans in Delaware....

Developer signs memorandum of understanding with Downtown Dover Partnership

The Downtown Dover Partnership (DPP) executed a Memorandum of Understanding with Mosaic Development Partners JV, LLC and partner Colonial Parking, Inc., of Wilmington, intending to secure a full agreement for the redevelopment of the “old Acme site” within 90 days.   The MOU outlines that the partnership has begun discussions with Mosaic to support their Response to the Downtown Dover...

Swim with the Sharks winners named

Wilmington, Delaware - Owner of The Trash Porters, Christopher Boozer, made a splash at the Emerging Enterprise Center’s 11th Annual Swim with the Sharks Pitch Competition on September 27, 2023, at the Penn Cinema Riverfront 14 + IMAX with his winning pitch that took home the $10,000 Grand Prize provided by New Castle County Office of Economic Development’s NCC Innovates. The Trash Porters...

State Chamber to hold economic conference in Dover, Oct. 5

Delaware is small but diverse. As you travel around our three counties, you discover a lot to be learned from the success of our neighbors. We all benefit in the end if we engage in conversation and collaboration to generate job creation. The innovations created from these partnerships will help businesses thrive in Delaware. On October 5, the Delaware State...

EtailFlow supply chain manager chooses Newark area site

WILMINGTON, Del. (September 26, 2023) – EtailFlow LLC, a supply chain management company created as a strategic spinoff from Delaware-based national e-commerce leader PCOnline earlier this year, will grow its operations alongside its parent company in Newark, Delaware. PCOnline leadership actively searched sites in Delaware and throughout the region for a new location to grow EtailFlow before selecting space adjacent to its 80-employee...

NAI Coastal to market Nylon Capital shopping center makeover

The principals of NAI Coastal (NAI), Salisbury MD, proudly announce the firm’s partnership with 9th Street Development Company (9SDC), a Wilmington-based developer known locally for their recent acquisition of Nylon Capital in Seaford, Delaware. After standing largely vacant for nearly a decade, the shopping center and surrounding acreage are slated for large-scale redevelopment in the coming year. Principal Chris Davis and Associate...

West End entrepreneurship program goes countywide

The West End Neighborhood House Launcher Entrepreneurship Program is expanding the program through a new partnership. The program from the Wilmington nonprofit offers training, mentoring, and resources for aspiring entrepreneurs, especially those from low-income backgrounds. The program has trained 792 entrepreneurs, led to the formation or expansion of 256 businesses, and added or retained 483 jobs. West End is...

Wilmington Housing Authority receives $5 million federal grant for work in reducing hazards

The  Wilmington Housing Authority received $5 million as part of the U.S. Department of Housing and Urban Development  Capital Fund Housing-Related Hazards and  Lead-Based Paint (LBP) Capital Fund Notice of Funding Opportunity awards.  The Notice of Funding Opportunity  provides a total of $157 million with 20 awards under Lead-Based Paint and 54 awards under Housing-Related Hazards. The program provides funding to public housing agencies  to evaluate and reduce...

Blood Bank of declares emergency after low number of donations during summer

The Blood Bank of Delmarva declared a blood emergency following a summer of low donor turnout as well as the increased need for blood as a result of summer activities. Contributing to the shortage was the recent Labor Day holiday, back-to-school activities, and a 50% decrease in youth donors since 2019. The region’s blood supply is well below...

Unclaimed property program returns $570,000 minus paperwork

Delaware's annual MONEY MATCH Program has returned money to Delaware taxpayers without filing paperwork, State Escheator, Brenda R. Mayrack announced. This week, Delaware will mail approximately 4,700 checks and return over $570,000 directly to Delaware taxpayers. “MONEY MATCH demonstrates how state government can use technology to put money directly into the pockets of almost 5,000 Delaware taxpayers without requiring any...

Personnel file, Sept. 14, 2023

Personnel moves at American Seaboard American Seaboard Exteriors Inc.  announced  that Adam Hamby has joined the company as President of the 46-year-old Wilmington commercial contractor. Adam has experience in real estate mergers and acquisitions, commercial/industrial property management, finance and overall small business team building. He will also be a shareholder in the closely held firm. A graduate of the University of Delaware, Hamby has been a...

Delaware joins tech program that gives truckers a heads up on congestion, accidents

The Delaware Department of Transportation (DelDOT) announces the launch of traffic safety notifications for commercial truck drivers, a program delivered in partnership with Drivewyze and its Smart Roadways services. The alerts will cover all freeways in the state. Smart Roadways is an agency-sponsored notification service that extends public highway safety programs into the cabs of commercial trucks. The new Traffic & Congestion...

Wilmington mayor appoints electric vehicle charger working group

Mayor Mike Purzycki today announced the membership of a working group that will help guide Wilmington’s future approach to the use of electric vehicles and the need of owners to charge those vehicles. The Electric Vehicle Charging Station Working Group (EVCSWG) is a 13-member panel comprised of seven members selected by the Mayor and six members selected by City Council....

Personnel File: Aug. 24, 2023

(Send personnel news to drainey@delawarebusinessnow.com) Visalli named COO of Buccini/Pollin Wilmington-based developer the Buccini/Pollin Group  named Ann Shepard Visalli   Chief Operating Officer.  Visalli joins BPG with over 30 years of experience in budget, finance, and economic development. She had a successful 22-year career in Delaware state government, which included serving as the Director of the Office of Management and Budget under former Governor Jack Markell. Most recently,...

New Castle County Executive reports progress in cutting number of vacant homes

(Before and after photos of the Minquadale home) New Castle County Executive Matt Meyer reported major progress of New Castle County’s Vacant Spaces to Livable Places initiative at a Tuesday event. The program, launched in 2017, has converted more than 700 homes or vacant lots into affordable housing and collected more than $3.4 million in back taxes, fees, and fines....
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