PRIA Logo™
DelawareHB 18153rd General Assembly (2024–2026)HouseWALLET

AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO LICENSING FEES AND DEPARTMENT OF INSURANCE FUNDING.

Sponsored By: Kimberly Williams (Democratic)

Signed by Governor

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 1 costs, 1 mixed.

Higher licensing fees for insurance pros

Many §701 licensing and renewal fees increase. Examples: producer fees rise from $100 to $125. Surplus lines broker initial rises from $250 to $275. Adjuster and appraiser rise from $100 to $125. Apprentice/temporary producer rises from $50 to $75. Viatical provider and broker rise from $250 to $275. Business entity (agency) rises from $100 to $125. Bail agent rises from $200 to $225. Discount medical plan organization initial rises from $500 to $525, renewal from $250 to $275. Limited lines travel producer initial rises from $1,000 to $1,025, renewal from $500 to $525. Portable electronics vendor is $1,025 initial and $525 renewal. Rental company limited licenses no longer pay a fixed $300; their fee is now the §701 amount. Portable electronics vendor fees now follow §701 and are no longer capped by the Commissioner.

New rules for insurance regulator funding

The Insurance Department now puts supervisory assessments, exam fees, and rate and form filing fees into its Regulatory Revolving Fund. It also deposits 15% of the §701 licensing fees in paragraphs (23)–(31), (35)–(37), (41), and (42) into that fund. All other Insurance Commissioner fees and taxes go to the State General Fund. Each year, any unencumbered fund balance over $5,000,000 is transferred to the General Fund.

Sponsors & Cosponsors

Sponsor

  • Kimberly Williams

    Democratic • House

Cosponsors

  • William Bush

    Democratic • House

  • Stephanie L. Hansen

    Democratic • Senate

  • Spiros Mantzavinos

    Democratic • Senate

  • Trey Paradee

    Democratic • Senate

  • Melanie Ross Levin

    Democratic • House

  • Madinah Wilson-Anton

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 59 • No: 0

Senate vote • 5/6/2025

Passed (3/5 required)

Yes: 20 • No: 0

House vote • 3/25/2025

Passed (3/5 required)

Yes: 39 • No: 0

Actions Timeline

  1. Signed by Governor

    5/7/2025Governor

  2. Passed By Senate. Votes: 20 YES 1 ABSENT

    5/6/2025Senate

  3. Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 6 On Its Merits

    4/9/2025Senate

  4. Assigned to Banking, Business, Insurance & Technology Committee in Senate

    3/25/2025Senate

  5. Passed By House. Votes: 39 YES 2 ABSENT

    3/25/2025House

  6. Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 8 On Its Merits

    3/18/2025House

  7. Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House

    1/30/2025House

Bill Text

  • Current

    1/30/2025

    HTML

Related Bills

Back to State Legislation