Delaware Code
Chapter 5. AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS
§ 530. Emergency requirements.

Whenever in the Commissioner's opinion a public emergency exists by reason of an abnormal disruption of economic and financial processes which affects the conduct of the business of insurance in a normal and ordinary manner, the Commissioner, with the concurrence of the Governor and the General Assembly, may declare the existence of a public emergency. During such emergency the Commissioner may make, alter, amend, revise and rescind rules and regulations, imposing any condition upon the conduct of the business of any insurer which may be necessary or desirable to maintain sound methods of insurance and to safeguard the interests of policyholders, beneficiaries and the public generally during the period of such emergency, which rules and regulations shall become inoperative when such emergency ceases, and an order to that effect shall be made by the Commissioner.

Structure Delaware Code

Delaware Code

Title 18 - Insurance Code

Chapter 5. AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS

§ 501. “Stock insurer” defined.

§ 502. “Mutual” insurer defined.

§ 503. “Reciprocal” insurer defined.

§ 504. “Charter” defined.

§ 505. Certificate of authority required.

§ 506. Exceptions to certificate of authority requirement.

§ 507. General eligibility for certificate of authority.

§ 508. Ownership; management.

§ 509. Name of insurer.

§ 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.

§ 525. Serving process.

§ 526. Annual statement and other required filings.

§ 527, 528. Resident agent, countersignature law; exceptions to resident agent, countersignature law.

§ 529. Cancellation of insurance agency contracts; arbitration.

§ 530. Emergency requirements.

§ 531. Emergency powers to regulate liability insurance cancellations and nonrenewals.

§ 532. Retaliatory provision.

§ 533. Immunity from liability for reporting fraudulent practices.

§ 534. Location of headquarters.

§ 535. Nondisclosure of nonpublic personal information; adoption of regulations.

§ 536. “Funding agreement” defined.