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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS. Delawares capital and surplus requirements for insurers have been in place for over fifty years and are currently among the lowest in the country. This bill increases the minimum amount of capital stock and free surplus an insurer must possess and maintain in order to transact business in the State of Delaware, making them more in line with other jurisdictions. us/states/de Delaware General Assembly 152 HB 47 Delaware HB 47 (152)
bill
enacted
Darius J. Brown
John "Jack" Walsh
Kerri Evelyn Harris
Paul S. Baumbach
Spiros Mantzavinos
William Bush
William J. Carson
1 7 2 2023-01-12 2023-05-25 openstates ocd-bill/06c25bfe-cdfd-4fcb-bccd-5a52e1678551 https://legis.delaware.gov/BillDetail?LegislationId=129932 ade8f4016a9abd1eafa5b0cebe69daba1baa38f971a7b61369780f7886c74a7b 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-de

Delaware HB 47 (152) — AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS.

Delawares capital and surplus requirements for insurers have been in place for over fifty years and are currently among the lowest in the country. This bill increases the minimum amount of capital stock and free surplus an insurer must possess and maintain in order to transact business in the State of Delaware, making them more in line with other jurisdictions.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. Bill Text (committee substitute) — source

Votes

  • SM — 210 (pass) · upper
  • SM — 380 (pass) · lower

Sponsors

  • Darius J. Brown — primary (person)
  • John "Jack" Walsh — primary (person)
  • Kerri Evelyn Harris — primary (person)
  • Paul S. Baumbach — primary (person)
  • Spiros Mantzavinos — primary (person)
  • William Bush — primary (person)
  • William J. Carson — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2023-01-12 Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House introduction, referral-committee
  • 2023-01-18 Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 11 On Its Merits committee-passage
  • 2023-04-04 Passed By House. Votes: 38 YES 3 ABSENT passage
  • 2023-04-04 Assigned to Banking, Business, Insurance & Technology Committee in Senate introduction, referral-committee
  • 2023-04-26 Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 1 Favorable, 4 On Its Merits committee-passage, committee-passage-favorable
  • 2023-05-11 Passed By Senate. Votes: 21 YES passage
  • 2023-05-25 Signed by Governor executive-signature

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/06c25bfe-cdfd-4fcb-bccd-5a52e1678551. Confidence: reported (aggregated from official Delaware legislature records).