Delaware General Assembly

Out of Committee 3/20/24

Reported from Committee; to list ready for consideration (Ready List)

1/11/24

Bush

Sen. Mantzavinos

Sen. Walsh
Rep. Carson

AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE.

This bill reorganizes provisions within the Insurance Code to centralize licensing and filing fees within one statutory provision (§ 701) and reconciles differences between the licensing and filing fees set forth in § 701 and within the specific licensing statutes. This bill also creates new licensing or registration fees for reciprocal insurers and certified reinsurers to align the costs of processing applications for these insurers with similarly-licensed or accredited insurers and reinsurers.

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Takes effect upon being signed into law

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