Statutes, codes, and regulations
Delaware Code
Title 18 - INSURANCE CODEPart I - INSURANCEChapter 41 - PROPERTY INSURANCE CONTRACTS
Subchapter V - PRIVATE PRIMARY RESIDENTIAL FLOOD INSURANCE MODEL ACT.
Section 4156 - Duties of insurer to provide regulatory notice of intent to transact residential primary flood insurance

Del. Code tit. 18 § 4156

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Current through 2024 Legislative Session Act Chapter 531
Section 4156 - Duties of insurer to provide regulatory notice of intent to transact residential primary flood insurance

Authorized insurers intending to sell primary residential flood insurance products in Delaware must do all of the following:

(1) Notify the Department of its plans at least 30 days before making a form or rate filing relating to such flood insurance in Delaware.
(2) File a plan of operation and financial projections or material revisions to such plan.

18 Del. C. § 4156

Added by Laws 2021 , ch. 530, s 1, eff. 11/2/2022.