Del. Code tit. 18 § 4216

Current through 2024 Legislative Session Act Chapter 531
Section 4216 - Recognition of assessments in rates

The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, and such rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

18 Del. C. § 4216

18 Del. C. 1953, § 4216; 57 Del. Laws, c. 437.;