Fabio
78 lines
4.0 KiB
Markdown
78 lines
4.0 KiB
Markdown
---
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type: "Bill"
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title: "AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE COMPANY DISCLOSURE REQUIREMENTS."
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description: "This legislation adopts the NAIC’s Corporate Governance Annual Disclosure Model Act, and requires Delaware-domiciled insurers to provide to the Commissioner on an annual basis a summary of the insurer’s or insurance group’s corporate governance structures, policies and practices to permit the Commissioner to gain and maintain an understanding of the insurer’s corporate governance framework."
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jurisdiction: "us/states/de"
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legislature: "Delaware General Assembly"
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session: "149"
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identifier: "SB 40"
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citation: "Delaware SB 40 (149)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Brian J. Bushweller", "Bryon H. Short", "Stephanie T. Bolden"]
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version_count: 1
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action_count: 9
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vote_count: 2
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first_action: "2017-03-23"
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last_action: "2017-08-02"
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source: "openstates"
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source_identifier: "ocd-bill/c489524e-c451-45d0-9157-ad26109c6aaa"
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source_url: "https://legis.delaware.gov/BillDetail?LegislationId=25517"
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source_hash: "b515f02b98d562ffbde7b3016e639fc106614b6b98b316a46093815c0704893c"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-de"]
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---
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# Delaware SB 40 (149) — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE COMPANY DISCLOSURE REQUIREMENTS.
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This legislation adopts the NAIC’s Corporate Governance Annual Disclosure Model Act, and requires Delaware-domiciled insurers to provide to the Commissioner on an annual basis a summary of the insurer’s or insurance group’s corporate governance structures, policies and practices to permit the Commissioner to gain and maintain an understanding of the insurer’s corporate governance framework.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Bill Text** (committee substitute) — [source](https://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=25517&legislationTypeId=1&docTypeId=2&legislationName=SB40)
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## Votes
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- SM — **18–0** (pass) · upper
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- SM — **41–0** (pass) · lower
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## Sponsors
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- Brian J. Bushweller — primary (person)
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- Bryon H. Short — primary (person)
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- Stephanie T. Bolden — primary (person)
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- Catherine Cloutier — cosponsor (person)
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- David L. Wilson — cosponsor (person)
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- Edward S. Osienski — cosponsor (person)
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- Ernesto B Lopez — cosponsor (person)
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- Gerald W. Hocker — cosponsor (person)
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- John A. Kowalko — cosponsor (person)
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- John L. Mitchell — cosponsor (person)
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- Ruth Briggs King — cosponsor (person)
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- Sean M. Lynn — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2017-03-23** Introduced and Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
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- **2017-04-04** Amendment SA 1 to SB 40 - Introduced and Placed With Bill `amendment-introduction`
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- **2017-04-05** Reported Out of Committee (Banking, Business & Insurance) in Senate with 1 Favorable, 4 On Its Merits `committee-passage-favorable, committee-passage`
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- **2017-04-25** Amendment SA 1 to SB 40 - Passed By Senate. Votes: 18 YES 3 ABSENT `amendment-passage`
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- **2017-04-25** Passed By Senate. Votes: 18 YES 3 ABSENT `passage`
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- **2017-04-26** Assigned to Economic Development/Banking/Insurance/Commerce Committee in House `introduction, referral-committee`
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- **2017-06-07** Reported Out of Committee (Economic Development/Banking/Insurance/Commerce) in House with 9 On Its Merits `committee-passage`
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- **2017-07-02** Passed By House. Votes: 41 YES `passage`
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- **2017-08-02** Signed by Governor `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c489524e-c451-45d0-9157-ad26109c6aaa`. Confidence: reported (aggregated from official Delaware legislature records).
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