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DE HB43

Bill

Official Source

Status

Passed

9/17/2021

Primary Sponsor

William Bush

Click for details

Origin

House of Representatives

151st General Assembly

AI Summary

  • Amends § 1707 of Title 18 of the Delaware Code to extend temporary licensing exemptions to include appraisers in addition to adjusters
  • Allows appraisers sent by insurers to investigate catastrophic losses (such as hurricanes or tornadoes) to work without obtaining an adjuster's license
  • Requires appraisers performing catastrophic insurance appraisal work to provide written notice to the Commissioner within 10 calendar days
  • Enables prompt appraisal and settlement of motor vehicle claims arising from catastrophic events

Legislative Description

An Act To Amend Title 18 Of The Delaware Code Relating To The Licensing Of Insurance Professionals.

Last Action

Signed by Governor

9/17/2021

Committee Referrals

Banking, Business & Insurance3/18/2021
Economic Development/Banking/Insurance & Commerce12/18/2020

Full Bill Text

No bill text available