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HB 18

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

153rd General Assembly (2025-2026) Introduced by Bill Bush and 5 co-sponsors

Delaware adjusts insurance licensing fees to fund the Department of Insurance, potentially increasing regulatory costs for insurers and agents.

Signed by Governor
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WeVote Research Nonpartisan
Bill Summary · HB 18

Legislative bill overview

HB 18 amends Delaware's insurance licensing fee structure to adjust how the Department of Insurance is funded. The bill modifies Title 18 of the Delaware Code to establish new or revised licensing fee amounts for insurance professionals and entities. These fee adjustments are designed to ensure adequate departmental revenue while regulating the insurance industry.

Why is this important

Insurance licensing fees directly affect the operational capacity of Delaware's Department of Insurance, which oversees consumer protections, industry compliance, and dispute resolution. Changes to fee structures impact both insurance professionals' business costs and the state's ability to maintain regulatory oversight. Delaware's insurance regulatory effectiveness influences the broader financial services sector and consumer trust in insurance products.

Potential points of contention

  • Cost burden on small insurers and agents: Fee increases may disproportionately affect independent and smaller insurance companies compared to larger competitors with greater revenue capacity
  • Regulatory transparency: The specific fee amounts and reasoning aren't detailed in publicly available bill summaries, raising questions about justification for increases
  • Competitive impact: Higher licensing fees could affect Delaware's attractiveness as a jurisdiction for insurance business operations relative to neighboring states with lower regulatory costs

Compiled from official sources — confirm details with the bill’s official record.

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