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DE SB44

Bill

Status

Passed

7/15/2013

Primary Sponsor

Brian Bushweller

Click for details

Origin

Senate

147th General Assembly

AI Summary

  • Expands types of insurance premiums subject to annual reporting to the Insurance Commissioner, adding multiple peril crop, farmowners multiple peril, Federal flood, earthquake, and commercial automobile physical damage coverage.

  • Authorizes the Insurance Commissioner to request additional information from insurance companies regarding covered risks and establishes revocation of certificate of authority as penalty for non-compliance.

  • Corrects references in Title 18 to group life insurance policies and health benefit plan renewability provisions to align statutory cross-references.

  • Requires both resident and non-resident bail agent applicants who declare Delaware as home state to provide federal criminal history reports from the Federal Bureau of Investigation in addition to state criminal history.

  • Adds new section establishing that adjusters and appraisers are regulated under the same producer licensing requirements in Chapter 17 and re-numbers existing sections accordingly.

Legislative Description

An Act To Amend Title 18 Of The Delaware Code Relating To Insurance And Premium Reporting.

Last Action

Signed by Governor

7/15/2013

Committee Referrals

Economic Development/Banking/Insurance/Commerce5/16/2013
Insurance4/16/2013

Full Bill Text

No bill text available