Delaware Administrative Code
Title 18 - Insurance
100 - Department of Insurance
101 - Organization, Methods and Operations of the Delaware Insurance Commission [Formerly Regulation 25]
Section 101-5.0 - Rates and Rating Organizations

5.1.1 Every insurer shall file with the Commissioner, except as to inland marine risks, every manual, minimum, class rate, rating schedule or plan and every other rating rule, and every modification of any of the foregoing which it proposes to use.

5.2.1 Shall review all rate and deviation filings. Rates shall not be excessive, inadequate or unfairly discriminatory. Filings may be reviewed by the Commissioner for any reason not inconsistent with the provisions of the Delaware Insurance Code which the Commissioner shall deem necessary and appropriate to accomplish the purposes of said Code.

5.2.2 License all rating bureaus which meet the statutory requirements.

5.2.3 License all advisory organizations which meet statutory requirements.

5.2.4 Collect fees.

5.2.5 Administer rates and promulgate reasonable rules and statistical plans, reasonably adapted to each of the rating systems on file with him, which may be modified from time to time and which shall be used thereafter by each insurer in the recording and reporting of its loss and countrywide expense experience, in order that the experience of all insurers may be made available at least annually in such forms and details as may be necessary to aid him in determining whether rating systems comply with the standards set forth by law for making of rates.