Del. Code tit. 18 § 4202

Current through 2024 Legislative Session Act Chapter 531

Section 4202 - Purpose

This chapter shall provide a mechanism for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders because of the insolvency of an insurer, to assist in the detection and prevention of insurer insolvencies and to provide an association to assess the cost of such protection among insurers.

18 Del. C. § 4202

18 Del. C. 1953, § 4202; 57 Del. Laws, c. 437.;