Title 18 — Insurance Code
83 chapters · 1,008 sections in this title.
18 Del. C. § 5301. Scope of chapter; definition.
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§ 5301. Scope of chapter; definition. (a) This chapter shall apply only to domestic mutual fire insurers heretofore and now doing business on the assessment premium plan. (b) For the purposes of this chapter an insurer “doing business on the assessment premium plan” is one which …
18 Del. C. § 5302. Continuation of existing insurers.
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§ 5302. Continuation of existing insurers. (a) All such insurers holding subsisting certificates of authority from the Commissioner immediately prior to November 1, 1968, may continue to be so authorized so long as qualified therefor under this title. (b) No new such insurers sha…
18 Del. C. § 5303. Insuring powers.
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§ 5303. Insuring powers. (a) Such insurers shall have power to insure only real property and personal property incidental to such real property against the perils of fire, lightning and windstorm, together with perils customarily included under extended coverages. (b) The maximum…
18 Del. C. § 5304. Reinsurance.
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§ 5304. Reinsurance. Such an insurer may cede reinsurance to any insurer authorized to transact property insurance in this State other than on the assessment premium plan. An insurer doing business on the assessment premium plan shall not accept reinsurance from other insurers.18…
18 Del. C. § 5305. Records.
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§ 5305. Records. Every such insurer, through its president and secretary, shall keep or cause to be kept accurate records and accounts of its transactions. The books, files and records of the insurer shall be located at its principal place of business in this State or at such pla…
18 Del. C. § 5306. Subject to other provisions.
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§ 5306. Subject to other provisions. (a) Such insurers shall be subject to all reasonably applicable provisions of this title except provisions requiring the possession, maintenance or deposit of surplus. (b) Such insurers shall expressly be subject to the following provisions of…