(a) A reciprocal insurer shall not be a life insurer.
(b) A title insurer shall be a stock insurer and shall not transact any other kind of insurance. This provision shall not prohibit acceptance of reinsurance of title insurance risks by insurers not otherwise authorized to transact title insurance.
Structure Delaware Code
Chapter 5. AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS
§ 501. “Stock insurer” defined.
§ 502. “Mutual” insurer defined.
§ 503. “Reciprocal” insurer defined.
§ 505. Certificate of authority required.
§ 506. Exceptions to certificate of authority requirement.
§ 507. General eligibility for certificate of authority.
§ 510. Combinations of insuring powers.
§ 511. Capital funds required.
§ 512. Insuring combinations without additional capital funds.
§ 513. Deposit requirements — In general.
§ 514. Deposit requirements — Alien insurers.
§ 515. Application for certificate of authority.
§ 516. Issuance, refusal of authority; ownership of certificate.
§ 517. Authority conferred; surety insurers; certificate as evidence.
§ 518. Continuance, expiration, reinstatement of certificate of authority.
§ 519. Suspension or revocation of certificate of authority — Mandatory grounds.
§ 520. Suspension or revocation of certificate of authority — Discretionary and special grounds.
§ 521. Order and notice of suspension, revocation; effect upon agents' authority.
§ 522. Duration of suspension; insurer's obligations during suspension period; reinstatement.
§ 523. General corporation laws inapplicable to foreign insurers.
§ 524. Commissioner as process agent for certain insurers.
§ 526. Annual statement and other required filings.
§ 529. Cancellation of insurance agency contracts; arbitration.
§ 530. Emergency requirements.
§ 531. Emergency powers to regulate liability insurance cancellations and nonrenewals.
§ 533. Immunity from liability for reporting fraudulent practices.
§ 534. Location of headquarters.
§ 535. Nondisclosure of nonpublic personal information; adoption of regulations.