DELAWARE — In response to growing concerns over escalating car insurance rates, Delaware lawmakers have approved Senate Concurrent Resolution 111, creating the Automobile Insurance Reform Task Force. This statewide group will focus on strategies to curb rising insurance expenses, reform medical payment systems, and enable residents and businesses to retain more of their earnings. State Senator Spiros Mantzavinos, who introduced the legislation, emphasized the urgency behind the initiative.
He highlighted widespread constituent concerns about the increasing cost of living and the additional burden of climbing auto insurance premiums. The task force aims to convene experts to identify practical solutions that provide financial relief for Delaware families.
Supporters of the resolution point to high medical expenses and the increasing frequency of severe weather events, linked to climate change, as key factors driving insurance rate surges. Lawmakers expect the task force to propose evidence-based reforms that tackle these challenges head-on to improve affordability. The resolution successfully passed both chambers of the Delaware General Assembly and is now set to move forward with its mission to stabilize and reduce automobile insurance costs across the state.
