Bill Bush
- Democratic
- Representative
- District 29
Primary
Delaware’s capital and surplus requirements for insurers have been in place for over fifty years and are currently among the lowest in the country. This bill increases the minimum amount of capital stock and free surplus an insurer must possess and maintain in order to transact business in the State of Delaware, making them more in line with other jurisdictions.
Signed by Governor
Passed By Senate. Votes: 21 YES
Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 1 Favorable, 4 On Its Merits
Assigned to Banking, Business, Insurance & Technology Committee in Senate
Passed By House. Votes: 38 YES 3 ABSENT
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 11 On Its Merits
Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
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