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DE HB379

Bill

Official Source

Status

Passed

6/30/2024

Primary Sponsor

William Bush

Click for details

Origin

House of Representatives

152nd General Assembly

AI Summary

  • Amends § 1707 of Title 18 of the Delaware Code regarding licensing requirements for insurance adjusters
  • Allows licensed insurance agents and brokers to adjust or assist in adjusting losses under policies they issued or service without obtaining a separate adjuster's license
  • Permits the Commissioner of Insurance to promulgate regulations establishing parameters for when agents and brokers may adjust claims without an adjuster's license
  • Reinstates previously existing language allowing agents to issue checks to policyholders in time-sensitive situations

Legislative Description

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

Last Action

Signed by Governor

6/30/2024

Committee Referrals

Banking, Business, Insurance & Technology5/16/2024
Economic Development/Banking/Insurance & Commerce4/18/2024

Full Bill Text

No bill text available