Fabio
70 lines
3.8 KiB
Markdown
70 lines
3.8 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 CREDIT FOR REINSURANCE."
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description: "This Act reflects the National Association of Insurance Commissioner’s revisions to the Model Credit for Reinsurance Act. The revisions make the law consistent with provisions of covered agreements with the European Union and United Kingdom with respect to reinsurance collateral requirements. The changes will also provide reinsurers domiciled in National Association of Insurance Commissioners-qualified jurisdictions other than within the EU (currently, Bermuda, Japan and Switzerland) with the possibility of similar reinsurance collateral reductions. This is an accreditation bill."
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jurisdiction: "us/states/de"
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legislature: "Delaware General Assembly"
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session: "151"
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identifier: "HB 44"
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citation: "Delaware HB 44 (151)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Trey Paradee", "William Bush"]
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version_count: 1
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action_count: 8
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vote_count: 2
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first_action: "2020-12-18"
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last_action: "2021-07-30"
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source: "openstates"
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source_identifier: "ocd-bill/46710fef-fd20-4e69-877f-31419ad0a8ae"
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source_url: "https://legis.delaware.gov/BillDetail?LegislationId=48230"
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source_hash: "387660f6edffa9908e07d0a288c774045bf524a8919fd6cb993fb9f111402f15"
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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 HB 44 (151) — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO CREDIT FOR REINSURANCE.
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This Act reflects the National Association of Insurance Commissioner’s revisions to the Model Credit for Reinsurance Act. The revisions make the law consistent with provisions of covered agreements with the European Union and United Kingdom with respect to reinsurance collateral requirements. The changes will also provide reinsurers domiciled in National Association of Insurance Commissioners-qualified jurisdictions other than within the EU (currently, Bermuda, Japan and Switzerland) with the possibility of similar reinsurance collateral reductions. This is an accreditation bill.
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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=48230&legislationTypeId=1&docTypeId=2&legislationName=HB44)
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## Votes
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- SM — **21–0** (pass) · upper
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- SM — **41–0** (pass) · lower
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## Sponsors
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- Trey Paradee — primary (person)
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- William Bush — primary (person)
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- Bruce C. Ennis — cosponsor (person)
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- David P. Sokola — cosponsor (person)
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- Michael Ramone — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2020-12-18** Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House `introduction, referral-committee`
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- **2021-01-14** Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 6 Favorable, 6 On Its Merits `committee-passage, committee-passage-favorable`
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- **2021-03-12** Suspension of Rules in House
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- **2021-03-18** Passed By House. Votes: 41 YES `passage`
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- **2021-03-18** Assigned to Banking, Business & Insurance Committee in Senate `introduction, referral-committee`
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- **2021-04-21** Reported Out of Committee (Banking, Business & Insurance) in Senate with 6 On Its Merits `committee-passage`
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- **2021-06-29** Passed By Senate. Votes: 21 YES `passage`
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- **2021-07-30** 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/46710fef-fd20-4e69-877f-31419ad0a8ae`. Confidence: reported (aggregated from official Delaware legislature records).
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