No advisory organization shall adopt any rule that would prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. A plan for the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders is not considered a rating plan or system. It is an unfair trade practice to make the payment of a dividend or any portion thereof conditioned upon renewal of the policy or contract.
Structure Delaware Code
Chapter 26. Workers’ Compensation Rating
§ 2603. Competitive market; hearing.
§ 2605. Review by Commissioner.
§ 2606. Rules not to affect dividends.
§ 2607. Membership in advisory organization.
§ 2608. Interchange of rating plan data; consultation; cooperative action in rate making.
§ 2610. Review of insurance filings.
§ 2611. Improper rates; hearing.
§ 2612. Restrictions on certain insurers; waiting period.
§ 2613. Delay of rates in noncompetitive market.
§ 2614. Challenge and review of application of rating system.
§ 2616. Acts reducing competition prohibited.
§ 2617. Advisory organization: permitted activity.
§ 2618. Residual market mechanisms.