DE | Delaware has issued a bulletin to inform domestic and foreign insurance companies that the Governor has signed HB 303 into law. HB 303 increases the annual assessment to each insurance company admitted or authorized to transact business in Delaware from $750 to $900.
Current and future insurance companies admitted or authorized to transact business in the State of Delaware are required to pay this fee.
The fee increase applies to future fee years, beginning with the 2018 annual fee, which will be a line item on the annual premium tax and fees report due in March 2019.