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.
Structure Delaware Code
Chapter 42. DELAWARE INSURANCE GUARANTY ASSOCIATION ACT
§ 4206. Creation of the Association.
§ 4208. Powers and duties of the Association.
§ 4210. Duties and powers of the Commissioner.
§ 4211. Effect of paid claims.
§ 4212. Exhaustion of other coverage.
§ 4213. Prevention of insolvencies.
§ 4214. Examination of the Association.
§ 4216. Recognition of assessments in rates.
§ 4218. Stay of proceedings; reopening of default judgments.
§ 4219. Recoupment of assessment.