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DE HB283
Bill
Status
8/2/2024
Primary Sponsor
William Bush
Click for details
AI Summary
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Establishes new fee schedule for third-party administrator certificates of authority: $500 application fee, $100 for issuance, $100 for reinstatement, $100 for amendments, and $500 for duplicate certificates
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Increases managed care organization license fees from $500 to $750 for original licenses and from $150 to $500 for annual continuation
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Adds new captive insurer fees: $3,200 processing fee for examining and processing initial applications and $100 application fee for conditional certificate of authority
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Creates registration fees of $1,000 for both initial registration and annual continuation for reciprocal jurisdiction reinsurers and certified reinsurers
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Updates fraternal benefit society statutes to reference the centralized fee schedule in § 701 rather than specifying dollar amounts ($25) directly in individual code sections
Legislative Description
An Act To Amend Title 18 Of The Delaware Code Relating To Insurance.
Last Action
Signed by Governor
8/2/2024