Americans love pets, and it's estimated that over 48 million households have a dog and over 31 million households have cats as pets. Many people consider their pets to be family members, and like any other family member, medical care is sometimes needed. In the early 1980s pet insurance was developed and has since grown significantly. 

Recently the Delaware Department of Insurance issued a Bulletin addressed to all insurance companies and licensed insurance producers authorized to conduct business in Delaware, relaying information on the passage of House Bill 156 on August 31, 2023. The Bill adds new Chapter 88 to Title 18 of the Delaware Insurance Code, titled the "Pet Insurance Act".

The Act is an adoption of the NAIC's Pet Insurance Model Act, which was passed by its members on August 1, 2022 to establish appropriate regulatory standards for the relatively new and growing pet insurance industry. Like any other insurance product, states want to ensure that consumers are treated fairly for any type of coverage they might purchase.