DE| The Delaware Department of Insurance Bulletin (DF No. 152 and PA No. 37, dated May 9, 2025) announces legislative changes from House Bill No. 18, effective May 7, 2025, that increase licensing fees for insurance professionals by $25 to support the Department’s expanded operational needs and regulatory responsibilities. The Department will now retain 15% of these licensing fees in the Regulatory Revolving Fund to ensure continued high-quality consumer services, maintain necessary staffing for NAIC accreditation, and prevent federal preemption, while the payment methods and due dates remain unchanged and one-time appointment fees are unaffected. The consolidation of licensing fees under a single statutory section is intended to improve clarity and administrative efficiency.
Key Points:
- Price Increase is across the board, including renewals
- One-time appointment fees are excluded
Click here to see full Bulletin DF No. 152 and PA No. 37, dated May 9, 2025