™Your Policy Risk Impact Agent
84 chapters · 1,726 sections in this title.
18 Del. C. § 1601. Short title.
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§ 1601. Short title. This chapter may be cited as the “Reinsurance Intermediary Act.”68 Del. Laws, c. 69, § 1;
18 Del. C. § 1602. Definitions.
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§ 1602. Definitions. (a) “Actuary” means a person who is a member in good standing of the American Academy of Actuaries. (b) “Controlling person” means any person, firm, association or corporation who directly or indirectly has the power to direct or cause to be directed, the man…
18 Del. C. § 1603. Licensure.
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§ 1603. Licensure. (a) No person, firm, association or corporation shall act as an RB in this State if the RB maintains an office either directly or as a member or employee of a firm or association, or an officer, director or employee of a corporation: (1) In this State, unless s…
18 Del. C. § 1604. Required contract provisions; reinsurance intermediary-brokers.
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§ 1604. Required contract provisions; reinsurance intermediary-brokers. Transactions between an RB and the insurer it represents in such capacity shall only be entered into pursuant to a written authorization, specifying the responsibilities of each party. The authorization shall…