Delaware Administrative Code
Title 18 - Insurance
1900 - Rates and Rating Organization
1901 - Consent-to-rate Filings (Excess Rates) [Formerly Regulation 33]
Section 1901-1.0 - Purpose

Universal Citation: 18 DE Admin Code 1901-1.0

Current through Register Vol. 28, No. 3, September 1, 2024

1.1 The purpose of this Regulation is to provide definitive instructions among licensed agents and brokers and insurers with regard to securing and providing insurance for applicants under consent-to-rate filings, in accordance with 18 Del.C. § 2509, at rates in excess of those filed with and approved by the Insurance Commissioner. This Regulation will facilitate the applicant/insured's efforts to obtain a policy of insurance, ensuring that these transactions are in the best interest of the insured, and further that the rating procedures are not excessive or unfairly discriminatory.

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