“Transacting insurance” defined.

§ 103. “Transacting insurance” defined. In addition to other aspects of insurance operations to which provisions of this title by their terms apply, “transact” with respect to a business of insurance includes any of the following: (1) Solicitation or inducement; (2) Negotiations; (3) Effectuation of a contract of insurance; (4) Transaction of matters subsequent to effectuation and arising out of such a contract.18 Del. C. 1953, § 103; 56 Del. Laws, c. 380, § 1;