DE HB423 | 2015-2016 | 148th General Assembly
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on June 14 2016 - 25% progression, died in committee
Action: 2016-06-14 - 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]
Status: Introduced on June 14 2016 - 25% progression, died in committee
Action: 2016-06-14 - 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 to 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.
Sponsors
| Sen. Charles Paradee [D] | Sen. Bruce Ennis [D] | Rep. Helene Keeley [D] | Rep. Valerie Longhurst [D] |
| Rep. John Mitchell [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-06-14 | House | Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House |
