House Bill 47

152nd General Assembly (Present)

Bill Progress

Out of Committee 1/18/23
Legislation has been voted out of Committee; now placed on the Ready List

Bill Details

1/12/23
Sen. Walsh
Reps. Baumbach, Bolden
AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS.
Delaware’s capital and surplus requirements for insurers have been in place for over fifty years and are currently among the lowest in the country. This bill increases the minimum amount of capital stock and free surplus an insurer must possess and maintain in order to transact business in the State of Delaware, making them more in line with other jurisdictions.
N/A
N/A
Not Required
Takes effect upon being signed into law
N/A

Bill Text

View HTML View PDF
You may need to disable your browser's pop-up blocker to view linked documents.

Amendments

AmendmentStatusIntroduction DatePrimary SponsorView Details

Committee Reports

DateCommittee# MembersFavorableOn Its MeritsUnfavorable 

Roll Calls

ChamberResultDateVote TypeYesNoNot VotingAbsentPDF

Actions History

DateAction

Legislation Detail Feeds