House Bill 47
152nd General Assembly (2023 - 2024)
Bill Progress
Signed 5/25/23
The General Assembly has ended, the current status is the final status.
Bill Details
1/12/23
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.
84:34
9
Not Required
5/25/23
N/A
Amendments
Committee Reports
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Legislation Detail Feeds
Roll Call Details
Committee Report Details
Favorable:
On its Merits:
Unfavorable: