18 Del. Admin. Code § 202-1.0

Current through Register Vol. 28, No. 5, November 1, 2024

Section 202-1.0 - Reference

1.1 All references otherwise stated refer to passages of Title 18, Delaware Insurance Code (18 Del.C.).

1.1.1 18 Del.C. § 314, 317 grant the Commissioner the authority to make, after hearing, reasonable rules and regulations pertaining to the conduct of insurance transactions in this State and provide for penalties for violations of such rules and regulations.

1.1.2 18 Del.C. § 1713 prohibits individuals from acting as Delaware brokers, agents, adjusters, appraisers, surplus lines brokers or consultants unless properly licensed.

1.1.3 18 Del.C. § 1730 prohibits payment by insurers and receipt by individuals commissions or other valuable considerations unless there is in effect a valid license (renewal commissions exempt if agent was licensed at the time of the sale).

1.1.4 Delaware Insurance Bulletin No. 76-10 describes the procedures to be followed in appointing agents.

1.1.5 Delaware Insurance Bulletin No. 77-9 describes the procedures for licensing.

1.1.6 Delaware Insurance Circular Letter No. 81-2 describes the licensing requirements for adjusters and appraisers.

1.1.7 Delaware Insurance Bulletin No. 74-15 describes the requirement for agents' licenses for agency employees.

18 Del. Admin. Code § 202-1.0