Loading chat...

DE HB274

Bill

Official Source

Status

Introduced

1/17/2020

Primary Sponsor

William Bush

Click for details

Origin

House of Representatives

150th General Assembly

AI Summary

  • Requires property insurers to provide written notice of policy cancellation at least 30 days before the effective date, or at least 15 days' notice if cancellation is for nonpayment of premium
  • Mandates cancellation notice be delivered or mailed to the named insured at their last known address and include the effective cancellation date
  • Requires insurers to provide a written explanation of the specific reasons for cancellation with the notice
  • Insurers must retain proof of mailing of cancellation notices for a minimum of 1 year

Legislative Description

An Act To Amend Title 18 Of The Delaware Code Relating To Property Insurance Policies.

Last Action

Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 13 On Its Merits

1/22/2020

Committee Referrals

Economic Development/Banking/Insurance & Commerce1/17/2020

Full Bill Text

No bill text available