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SB 200 DE
Became Law

AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO PROPERTY INSURANCE CONTRACTS.

DE · session 152 · Senate · bill

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Introduced Jan 4, 2024

Latest action (Jun 20, 2024) Signed by Governor

Summary

This bill provides important consumer protections for property insurance contracts by improving the reliability of mailed notifications of policy cancellation or renewal. Section 1 of this bill requires insurers to deliver any homeowners’ notices of cancellation or nonrenewal by USPS certified mail or USPS Intelligent Mail barcode. Further, whereas currently an insurer can cancel or non-renew a policy because of two non-weather-related claims over the lifetime of the policy, this legislation provides a reasonable claims lookback period for non-weather-related claims, as is already the case for claims in other portions of this subsection of the Code. Section 2 of this bill precludes an insurance carrier from refusing to renew a homeowners’ policy based on non-weather claims unless 2 or more claims occur within the 36-month period immediately preceding the expiration of the current policy period.

Sponsors (22)

Action history (12)

  1. Jan 4, 2024 Introduced and Assigned to Banking, Business, Insurance & Technology Committee in Senate · upper
  2. Jan 24, 2024 Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 6 On Its Merits · upper
  3. Mar 11, 2024 Amendment SA 1 to SB 200 - Introduced and Placed With Bill · upper
  4. Mar 12, 2024 Amendment SA 1 to SB 200 - Passed By Senate. Votes: 21 YES · upper
  5. Mar 12, 2024 Passed By Senate. Votes: 21 YES · upper
  6. Mar 13, 2024 Assigned to Economic Development/Banking/Insurance & Commerce Committee in House · lower
  7. Mar 19, 2024 Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 4 Favorable, 5 On Its Merits · lower
  8. Apr 24, 2024 Amendment HA 1 to SB 200 - Introduced and Placed With Bill · upper
  9. May 16, 2024 Amendment HA 1 to SB 200 - Passed In House by Voice Vote · lower
  10. May 16, 2024 Passed By House. Votes: 38 YES 3 ABSENT · lower
  11. May 21, 2024 Passed By Senate. Votes: 21 YES · upper
  12. Jun 20, 2024 Signed by Governor · executive

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