§ 2601 Scope of chapter 18
§ 2602 Definitions 18
§ 2603 Competitive market; hearing 18
§ 2604 Ratemaking standards 18
§ 2605 Review by Commissioner 18
§ 2606 Rules not to affect dividends 18
§ 2607 Membership in advisory organization 18
§ 2608 Interchange of rating plan data; consultation; cooperative action in rate making 18
§ 2609 Rate filings 18
§ 2610 Review of insurance filings 18
§ 2611 Improper rates; hearing 18
§ 2612 Restrictions on certain insurers; waiting period 18
§ 2613 Delay of rates in noncompetitive market 18
§ 2614 Challenge and review of application of rating system 18
§ 2615 Consent to rate 18
§ 2616 Acts reducing competition prohibited 18
§ 2617 Advisory organization: permitted activity 18
§ 2618 Residual market mechanisms 18
§ 2619 Penalties 18
§ 2620 Appeals from Commissioner 18
§ 2621 Transition 18
§ 2622 Effective date 18

Terms Used In Delaware Code > Title 18 > Chapter 26

  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Basic property insurance: means insurance against direct loss to any property caused by perils as defined and limited in the standard fire policy and extended coverage endorsement as filed with the Commissioner. See Delaware Code Title 18 Sec. 4103
  • Commissioner: means the Insurance Commissioner of the State of Delaware. See Delaware Code Title 18 Sec. 4103
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • 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
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fraud: Intentional deception resulting in injury to another.
  • Inspection bureau: means any organization designated by the Commissioner to make inspections to determine the insurability and conditions of the properties where basic property insurance is sought. See Delaware Code Title 18 Sec. 4103
  • Oath: includes affirmation in all cases where an affirmation may be substituted for an oath, and "sworn" includes affirmed; and the forms shall be varied accordingly. See Delaware Code Title 6 Sec. 4307
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Premiums written: means gross direct premiums charged on all policies of basic property insurance and the basic property insurance premium components of all multiperil policies, less return premiums, dividends paid or credited to policyholders and the unabsorbed portion of premium deposits. See Delaware Code Title 18 Sec. 4103
  • Qualified property: means all real and tangible personal property at fixed locations, whether or not subject to exposure from an external hazard located on property not owned or controlled by the prospective insured, and whether or not subject to exposure from riot hazard which:

    a. See Delaware Code Title 18 Sec. 4103

  • real property: is synonymous with the phrase "lands, tenements and hereditaments. See Delaware Code Title 6 Sec. 4307
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Testify: Answer questions in court.
  • United States: includes its territories and possessions and the District of Columbia. See Delaware Code Title 6 Sec. 4307