DE HB264 | 2017-2018 | 149th General Assembly

Delaware House Bill 264 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 27 2017 - 25% progression, died in committee
Action: 2017-06-27 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
Pending: House Economic Development/Banking/Insurance/Commerce Committee
Text: Latest bill text (Draft #1) [HTML]

Summary

This Act requires insurance companies to pay the insured the amount of the insurance company's offer of settlement which was rejected by the insured party. However, the amount remains subject to both parties' reservation or rights, claims, and arguments for the ultimate outcome of the claim.

Title

An Act To Amend Title 18 Of The Delaware Code Relating To Unfair Practices In The Insurance Business.

History

Date	Chamber	Action
2017-06-27		Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House

Delaware State Sources

Type	Source
Summary	http://legis.delaware.gov/BillDetail?LegislationId=26090
Text	http://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=26090&legislationTypeId=1&docTypeId=2&legislationName=HB264