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DE SB189
Bill
Status
Introduced
6/19/2025
Primary Sponsor
Nicole Poore
Click for details
AI Summary
- Allows individuals injured in automobile accidents to rescind a release of claim or settlement agreement within 60 days if they signed without attorney representation within 30 days of the injury
- Extends the rescission right to cases where no release was signed but a settlement check was cashed or electronic funds were transferred
- Requires written notice of rescission be sent to the releasee or their insurance carrier, along with return of any settlement proceeds, within 10 days after the 60-day rescission period ends
- Mandates that releases of liability executed within 30 days of the incident must contain a conspicuous notice informing the individual of their right to rescind
- Takes effect 6 months after enactment into law
Legislative Description
Act To Amend Title 18 Of The Delaware Code Relating To Unfair Practices In The Insurance Business.
Last Action
Amendment SA 1 to SB 189 - Introduced and Placed With Bill
6/23/2025
Committee Referrals
Banking, Business, Insurance & Technology6/19/2025
Full Bill Text
No bill text available