House Bill 263

149th General Assembly (2017 - 2018)

Bill Progress

House Economic Development/Banking/Insurance/Commerce 6/27/17
The General Assembly has ended, the current status is the final status.

Bill Details

6/27/17
Sen. Bushweller
AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO UNFAIR PRACTICES IN THE INSURANCE BUSINESS
This Act prohibits insurance companies from frequently attempting to settle claims with their insureds for less than an amount a reasonable person would believe to be fair based on a common, verifiable compilation of valuation data, such as the NADA guides.
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Takes effect upon being signed into law
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