AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATED TO INSURANCE AND POSTHUMOUS PROMOTIONS.

153rd General Assembly (2025-2026) Introduced by Rich Collins and 10 co-sponsors

The bill aims to update Delaware insurance law and rules on posthumous promotions, clarifying requirements and protections for insurers, policyholders, and regulators.

Introduced and Assigned to Banking, Business, Insurance & Technology Committee in Senate

Bill Overview

SB 261 of the 153th Delaware General Assembly seeks to amend Title 18 of the Delaware Code concerning insurance and posthumous promotions. The bill was introduced on March 18, 2026, and assigned to the Banking, Business, Insurance & Technology Committee in the Senate. It has three co-sponsors: Dave Wilson, Nicole Poore, and Brian Pettyjohn.

Purpose and Intent

The primary aim is to make targeted changes to Delaware’s insurance law and related provisions tied to posthumous promotions.

While the specific text of the amendments isn’t provided here, the title indicates the bill intends to address regulatory or contractual aspects of insurance matters and adjustments related to posthumous recognition or promotion in relevant entities or programs.

Key Provisions (as inferred from the title)

Because the exact statutory language isn’t included in the summary, the following are the types of changes typically associated with such a bill:

Insurance-related updates: Modifications to definitions, licensing, consumer protections, solvency or regulatory compliance provisions applicable to insurers, agents, or adjusters operating in Delaware.

Posthumous promotions: Provisions that govern posthumous recognition, promotions, or the handling of benefits, titles, or designations after an individual’s death in contexts where insurance, benefits programs, or professional classifications are involved.

Administrative or regulatory alignment: Revisions to align Title 18 with other Delaware statutes or to clarify procedures for approvals, notices, or enforcement actions.

Note: The exact substantive changes would be found in the bill’s text and any accompanying analyses.

Who/What Would Be Affected

Insurance industry participants: Companies, agents, brokers, and administrators subject to Delaware insurance regulation who would be impacted by any revised requirements, disclosures, or compliance standards.

Policyholders and beneficiaries: Individuals who hold insurance policies or participate in programs where posthumous promotions or honors might be relevant.

State regulators and agencies: Delaware Department of Insurance and related state oversight bodies responsible for enforcement and supervision under Title 18.

Procedural and Timeline Aspects

Introduction and assignment: The bill was introduced and assigned to the Senate Banking, Business, Insurance & Technology Committee on March 18, 2026.

Committee process: Likely follow standard legislative steps—committee review, potential amendments, and a vote before advancing to the full Senate, then to the House, and ultimately to the Governor for signature or veto. Specific timelines depend on committee schedules and floor action.

Practical Considerations

For readers seeking to understand the bill’s practical impact, the exact language is essential to determine whether the bill creates new requirements, clarifies existing statutes, adds or changes penalties, or alters how posthumous promotions are handled in the context of insurance-related programs.

Stakeholders should monitor committee hearings and engrossed/senate/house versions to identify amendments and final provisions.

If you’d like, I can tailor this summary further once the bill’s text or committee testimony is available, to capture precise sections, definitions, and operative dates.