The legislature's own summary of the bill, or its official long title.
Section 1 of the bill amends Delaware’s file-and-use statute for insurance rate filings to extend the timeline for filing and reviewing insurers’ rate filing by (1) requiring rate filings to be filed at least 60 days in advance of the proposed effective date, and (2) authorizing the Commissioner to extend the timeframe to review the filing and postpone the effective date of the filing pending completion of the…
Read the full title (117 words)
Section 1 of the bill amends Delaware’s file-and-use statute for insurance rate filings to extend the timeline for filing and reviewing insurers’ rate filing by (1) requiring rate filings to be filed at least 60 days in advance of the proposed effective date, and (2) authorizing the Commissioner to extend the timeframe to review the filing and postpone the effective date of the filing pending completion of the extended review. Section 2 of the bill sets forth the process for when the Commissioner proposes to deny a rate filing and requires that a filing may not become effective until a final order is issued. Section 2 of the bill also corrects technical errors in the current law.
Every action
7 steps, oldest first, as the legislature records them.
CommitteeIntroduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House · House Economic Development/Banking/Insurance & Commerce
CommitteeReported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 1 Favorable, 8 On Its Merits · House Economic Development/Banking/Insurance & Commerce
HousePassed By House. Votes: 40 YES 1 ABSENT40–0 vote
CommitteeAssigned to Banking, Business, Insurance & Technology Committee in Senate · Senate Banking, Business, Insurance & Technology
CommitteeReported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 7 On Its Merits · Senate Banking, Business, Insurance & Technology
SenatePassed By Senate. Votes: 21 YES
GovernorSigned by Governor
Roll calls
2 recorded votes: 2 on the floor, 0 in committee. Each shows how every member voted.
Passed By House. Votes: 40 YES 1 ABSENT · Full House