The purpose of this chapter is to promote the public welfare by regulating insurance rates (in accordance with the intent of Congress as expressed in Public Law 15—79th Congress) and to the end that they shall not be excessive, inadequate or unfairly discriminatory and to authorize and regulate cooperative action among insurers in rate making and in other matters within the scope of this chapter. Nothing in this chapter is intended:
(1) To prohibit or discourage reasonable competition; or
(2) To prohibit, or encourage except to the extent necessary to accomplish the aforementioned purpose, uniformity in insurance rates, rating systems, rating plans or practices.
This chapter shall be liberally interpreted to carry into effect this section.
Structure Delaware Code
Chapter 25. RATES AND RATING ORGANIZATIONS
§ 2501. Purpose of chapter; interpretation.
§ 2505. Exemption from filing.
§ 2506. Effective date of filing.
§ 2507. Disapproval of filing.
§ 2508. Limitation of disapproval power.
§ 2510. Filings for members and subscribers of rating organizations authorized.
§ 2511. Licensing of rating organizations.
§ 2512. Subscribers to rating organizations.
§ 2514. Rules not to affect dividends.
§ 2516. Examinations and rules.
§ 2519. Appeal from rating organization.
§ 2520. Appeal by insurers and others as to filings.
§ 2521. Information to be furnished insured.
§ 2522. Advisory organizations.
§ 2523. Joint underwriters; joint reinsurers.
§ 2525. Recording and reporting of loss and expense experience.
§ 2526. Interchange of rating plan data; consultation; cooperative action in rate making.
§ 2528. False or misleading information.
§ 2531. Appeals from Commissioner.
§ 2532. Certain increases in premiums to peace officers or emergency personnel prohibited.
§ 2533. Workers' compensation rates.
§ 2534. Workers' compensation and employers' liability forms and policies.