Insurance contracts procured as surplus lines coverage from nonadmitted insurers in accordance with this law, whether so procured by a surplus lines broker or directly by the insured by means of independent procurement, shall be fully valid and enforceable as to all parties, and shall be given recognition in all matters and respects to the same effect as like contracts issued by authorized insurers.
Structure Delaware Code
Chapter 19. DELAWARE NONADMITTED INSURANCE ACT
Subchapter II. Surplus Lines Insurance
§ 1911. Placement of insurance business.
§ 1912. Conditions for export.
§ 1913. Duty of inquiry by surplus lines broker.
§ 1914. Streamlined application for commercial purchasers.
§ 1915. Open lines for export.
§ 1916. Evidence of the insurance; changes; penalty.
§ 1917. Endorsement of contract.
§ 1918. Surplus line insurance valid.
§ 1920. Surplus line brokers; licensing.
§ 1921. Suspension, revocation, of broker's license.
§ 1922. Broker may compensate agents and other licensed producers.
§ 1924. Annual statement of broker.
§ 1926. Independently procured insurance.