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DE HB422

Bill

Official Source

Status

Introduced

6/14/2016

Primary Sponsor

Charles Paradee

Click for details

Origin

House of Representatives

148th General Assembly

AI Summary

  • Adds a new provision to Delaware's unfair insurance practices law prohibiting insurers from revoking or attempting to revoke settlement offers made to policyholders
  • Classifies the revocation of settlement offers as an unfair claim settlement practice when done with sufficient frequency to indicate a general business practice
  • Takes effect 90 days after enactment
  • Sponsored by Rep. Paradee and Sen. Ennis, with additional sponsors Reps. Kowalko, Longhurst, Lynn, and Mitchell

Legislative Description

An Act To Amend Title 18 Of The Delaware Code Relating To Unfair Practices In The Insurance Business.

Last Action

Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House

6/14/2016

Committee Referrals

Economic Development/Banking/Insurance/Commerce6/14/2016

Full Bill Text

No bill text available