Delaware Code Title 18 Sec. 2527 – Assigned risk plans
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The Commissioner shall promulgate the necessary regulations to effect:
(1) An equitable apportionment among all the insurers writing automobile insurance in this State of insurance which shall be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods;
(2) Reasonable rates for such insurance; and
(3) Such other rules as are necessary to effect and maintain an assigned risk plan.
18 Del. C. 1953, § ?2527; 56 Del. Laws, c. 380, § ?1; 59 Del. Laws, c. 195, § ?1;
Terms Used In Delaware Code Title 18 Sec. 2527
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302