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Del. Code tit. 18, § 4216

Recognition of assessments in rates

Known as the Delaware Insurance Guaranty Association Act

The act spans §§ 18–18 (22 sections).

18 Del

The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, and such rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.