reglab/housing_qa huggingface dataset:
18 DE Code § 2506. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2506. Effective date of filing.

§ 2506. Effective date of filing. (a) The Commissioner shall review filings as soon as reasonably possible after they have been made in order to determine whether they meet the requirements of this chapter. The filings shall be deemed to meet the requirements of this chapter unless disapproved by the Commissioner. (b) Any special filing with respect to a surety or guaranty bond required by law or by court or executive order or by order, rule or regulation of a public body, not covered by a previous filing, shall become effective when filed and shall be deemed to meet the requirements of this chapter until such time as the Commissioner rejects the filing. (c) No filing shall be effective unless filed with the Commissioner not less than 30 days prior to the proposed effective date. Such filing shall be deemed to meet the statutory requirements unless disapproved by the Commissioner within 30 days of receipt of the filing. If the Commissioner shall determine that additional time is needed to review a rate filing, the Commissioner shall, within 25 days after receipt of the filing, notify the filer that the review of the filing shall be extended up to 90 days after the receipt of the filing, unless the insurer shall agree to a longer term of review. (d), (e) [Repealed.] 18 Del. C. 1953, §  2506;  56 Del. Laws, c. 380, §  1;  64 Del. Laws, c. 380, §§  1, 2;  70 Del. Laws, c. 186, §  1;  77 Del. Laws, c. 93, §  1;
18 DE Code § 2507. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2507. Disapproval of filing.

§ 2507. Disapproval of filing. If within 30 days after a specific inland rate, a special surety or guaranty on a risk specially rated by a rating organization subject to § 2504(b) of this title has become effective, the Commissioner finds that such filing does not meet the requirements of this chapter, or if upon review of any other filing, the Commissioner finds that the same does not meet the requirements of this chapter, he or she shall specify the reason for his or her disapproval and state that a hearing will be granted within 20 days after request in writing by the insurer or rating organization which made such filing, issue an order specifying in what respects he or she finds that such filing fails to meet the requirements of this chapter and stating when, within a reasonable period thereafter, such filing shall be deemed no longer effective. Copies of the order shall be sent to every such insurer and rating organization. The order shall not affect any contract or policy made or issued prior to the expiration of the period set forth in the order. 18 Del. C. 1953, §  2507;  56 Del. Laws, c. 380, §  1;  58 Del. Laws, c. 238, §  1;  70 Del. Laws, c. 186, §  1;
18 DE Code § 2508. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2508. Limitation of disapproval power.

§ 2508. Limitation of disapproval power. No manual of classifications, rules, rating plans or any modification of any of the foregoing which establishes standards for measuring variations in hazards or expense provisions or both and which has been filed pursuant to § 2503 of this title shall be disapproved if the rates produced meet the requirements of this chapter. 18 Del. C. 1953, §  2508;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2509. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2509. Excess rates.

§ 2509. Excess rates. Upon the written application of the insured stating his or her reasons therefor, filed with and approved by the Commissioner, a rate in excess of that provided by a filing otherwise applicable may be used on any specific risk. 18 Del. C. 1953, §  2509;  56 Del. Laws, c. 380, §  1;  70 Del. Laws, c. 186, §  1;
18 DE Code § 2510. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2510. Filings for members and subscribers of rating organizations authorized.

§ 2510. Filings for members and subscribers of rating organizations authorized. Insurer may satisfy its obligation to make filings required by § 2503 of this title by becoming a member of, or a subscriber to, a licensed rating organization which makes such filings and by authorizing the Commissioner to accept such filings on its behalf. Nothing contained in this chapter shall be construed as requiring any insurer to become a member of or a subscriber to any rating organization. 18 Del. C. 1953, §  2510;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2511. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2511. Licensing of rating organizations.

§ 2511. Licensing of rating organizations. (a) No rating organization shall make or file rates for risks located in this State without first being licensed therefor under this chapter. (b) A corporation, an unincorporated association, a partnership or an individual, whether located within or outside this State, may make application to the Commissioner for license as a rating organization for such kinds of insurance, or subdivision or class of risk or a part or combination thereof as are specified in its application and shall file therewith:  (1) A copy of its constitution, its articles of agreement of association or its certificate of incorporation, and of its bylaws, rules and regulations governing the conduct of its business; (2) A list of its members and subscribers; (3) The name and address of a resident of this State upon whom notices or orders of the Commissioner or process affecting such rating organization may be served; and (4) A statement of its qualifications as a rating organization. (c) If the Commissioner finds that the applicant is competent, trustworthy and otherwise qualified to act as a rating organization and that its constitution, articles of agreement or association or certificate of incorporation, and its bylaws, rules and regulations governing the conduct of its business conform to the requirements of law, he or she may issue a license specifying the kinds of insurance or subdivision or class of risk or part or combination thereof for which the applicant is authorized to act as a rating organization. Every such application shall be granted or denied in whole or in part by the Commissioner within a reasonable period after the same has been filed with him or her. (d) Licenses issued pursuant to this section shall remain in effect for 1 year unless sooner suspended or revoked by the Commissioner. (e) Licenses issued pursuant to this section may be suspended or revoked by the Commissioner, after hearing upon notice, in the event the rating organization ceases to meet the requirements of this section. 18 Del. C. 1953, §  2511;  56 Del. Laws, c. 380, §  1;  70 Del. Laws, c. 186, §  1;
18 DE Code § 2512. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2512. Subscribers to rating organizations.

§ 2512. Subscribers to rating organizations. (a) Subject to rules and regulations which have been approved by the Commissioner as reasonable, each rating organization shall permit any insurer to be a subscriber to its rating services for any kind of insurance, subdivision or class of risk or a part or combination thereof for which it is authorized to act as a rating organization. Notice of proposed changes in such rules and regulations shall be given to subscribers. Each rating organization shall furnish its rating services without discrimination to its subscribers. (b) The reasonableness of any rule or regulation in its application to subscribers, or the refusal of any rating organization to admit an insurer as a subscriber, shall, at the request of any subscriber or any such insurer, be reviewed by the Commissioner at a hearing held upon at least 10 days' written notice to such rating organization and to such subscriber or insurer. If the Commissioner finds that such rule or regulation is unreasonable in its application to subscribers, he or she shall order that such rule or regulation shall not be applicable to subscribers. If the rating organization fails to grant or reject an insurer's application for subscribership within 30 days after it was made, the insurer may request a review by the Commissioner as if the application had been rejected. If the Commissioner finds that the insurer has been refused admittance to the rating organization as a subscriber without justification, he or she shall order the rating organization to admit the insurer as a subscriber. If he or she finds that the action of the rating organization was justified, he or she shall make an order affirming its action. 18 Del. C. 1953, §  2512;  56 Del. Laws, c. 380, §  1;  70 Del. Laws, c. 186, §  1;
18 DE Code § 2513. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2513. Notice of changes.

§ 2513. Notice of changes. Every rating organization shall notify the Commissioner promptly of every change in:  (1) Its constitution, its articles of agreement or association or its certificate of incorporation and its bylaws, rules and regulations governing the conduct of its business; (2) Its list of members and subscribers; and (3) The name and address of the resident of this State designated by it upon whom notices or orders of the Commissioner or process affecting such rating organization may be served.18 Del. C. 1953, §  2513;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2514. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2514. Rules not to affect dividends.

§ 2514. Rules not to affect dividends. No rating organization shall adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers. 18 Del. C. 1953, §  2514;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2515. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2515. Technical services.

§ 2515. Technical services. Any rating organization may subscribe for or purchase actuarial, technical or other services, and such services shall be available to all subscribers without discrimination. 18 Del. C. 1953, §  2515;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2516. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2516. Examinations and rules.

§ 2516. Examinations and rules. Any rating organization may provide for the examination of its subscribers' policies, daily reports, binders, renewal certificates, endorsements or other evidences of insurance, or the cancellation thereof, and may make reasonable rules governing their submission. Such rules shall contain a provision that in the event any insurer does not within 60 days furnish satisfactory evidence to the rating organization of the correction of any error or omission previously called to its attention by the rating organization, the rating organization shall notify the Commissioner thereof. All information so submitted for examination shall be confidential. 18 Del. C. 1953, §  2516;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2517. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2517. Adherence to filings.

§ 2517. Adherence to filings. No insurer shall make or issue a contract or policy except in accordance with the filings which are in effect for the insurer as provided in this chapter or in accordance with § 2505 (exemption from filing) or § 2509 (excess rates) of this title. This section shall not apply to contracts or policies for inland marine risks as to which filings are not required. 18 Del. C. 1953, §  2517;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2518. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2518. Deviations.

§ 2518. Deviations. (a) Every subscriber to a rating organization shall adhere to the filings made on its behalf by such organization except that any such insurer may make written application to the Commissioner for permission to file a deviation from the class rates, schedules, rating plans, or rules respecting any kind of insurance, or class of risk within a kind of insurance, or combination thereof. Such application shall specify the basis for the modification, and a copy thereof shall also be sent simultaneously to such rating organization. (b) The Commissioner shall set a time and place for a hearing at which the insurer and such rating organization may be heard and shall give them not less than 10 days' written notice thereof. If the Commissioner is advised by the rating organization that it does not desire a hearing, he or she may, upon the consent of the applicant, waive such hearings. (c) In considering the application for permission to file such deviation, the Commissioner shall give consideration to the available statistics and the principles for ratemaking as provided in § 2503 of this title. The Commissioner shall issue an order permitting the deviation for such insurer to be filed if he or she finds it to be justified, and it shall thereupon become effective. He or she shall issue an order denying such application if he or she finds that the modification is not justified or that the resulting premiums would be excessive, inadequate, or unfairly discriminatory. (d) Each deviation permitted to be filed shall be effective continuously from the date of such permission unless terminated sooner with the approval of the Commissioner or until such time a modification is made to the deviation. All term policies issued pursuant to such deviations may remain in force until their expiring dates. 18 Del. C. 1953, §  2518;  56 Del. Laws, c. 380, §  1;  70 Del. Laws, c. 186, §  1;  83 Del. Laws, c. 94, § 1;
18 DE Code § 2519. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2519. Appeal from rating organization.

§ 2519. Appeal from rating organization. Any subscriber to a rating organization may appeal to the Commissioner from the action or decision of such rating organization in approving or rejecting any proposed change in or addition to the filings of such rating organization. 18 Del. C. 1953, §  2519;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2520. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2520. Appeal by insurers and others as to filings.

§ 2520. Appeal by insurers and others as to filings. (a) Any person or organization in interest, aggrieved with respect to any filing which is in effect may make written application to the Commissioner for a hearing thereon except that the insurer or rating organization that made the filing shall not be authorized to proceed under this section. Such application shall specify the grounds to be relied upon by the applicant. (b) If the Commissioner finds that the application is made in good faith, that the applicant would be so aggrieved if his or her grounds are established, and that such grounds otherwise justify holding such a hearing, he or she shall, within 30 days after receipt of such application, hold a hearing upon not less than 10 days' written notice to the applicant and to every insurer and rating organization which made such filing. (c) If, after such hearing, the Commissioner finds that the filing does not meet the requirements of this chapter, he or she shall issue an order specifying in what respects he or she finds that such filing fails to meet the requirements of this chapter and stating when, within a reasonable period thereafter, such filing shall be deemed no longer effective. Copies of the order shall be sent to the applicant and to every such insurer and rating organization. The order shall not affect any contract or policy made or issued prior to the expiration of the period set forth in the order. 18 Del. C. 1953, §  2520;  56 Del. Laws, c. 380, §  1;  70 Del. Laws, c. 186, §  1;
18 DE Code § 2521. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2521. Information to be furnished insured.

§ 2521. Information to be furnished insured. Every rating organization and every insurer which makes its own rates shall, within a reasonable time after receiving written request therefor and upon payment of such reasonable charge as it may make, furnish to any insured affected by a rate made by it, or to the authorized representative of such insured, all information as to such rate. 18 Del. C. 1953, §  2521;  56 Del. Laws, c. 380, §  1;
18 DE Code § 2522. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2522. Advisory organizations.

§ 2522. Advisory organizations. (a) Every group, association or other organization of insurers, whether located within or outside this State, which assists insurers which make their own filings or rating organizations in rate making, by the collection and furnishing of loss or expense statistics or by the submission of recommendations, but which does not make filings under this chapter shall be known as an advisory organization. (b) Every advisory organization shall file with the Commissioner:  (1) A copy of its constitution, its articles of agreement or association or its certificate of incorporation and of its bylaws, rules and regulations governing its activities; (2) A list of its members; and (3) The name and address of a resident of this State upon whom notice or orders of the Commissioner or process issued at his or her direction may be served. (c) If, after a hearing, the Commissioner finds that the furnishing of such information or assistance involves any act or practice which is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter, he or she may issue a written order specifying in what respects such act or practice is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter and requiring the discontinuance of such act or practice. (d) No insurer which makes its own filing nor any rating organization shall support its filings by statistics or adopt rate making recommendations, furnished to it by an advisory organization which has not complied with this section or with an order of the Commissioner involving such statistics or recommendations issued under subsection (c) of this section. If the Commissioner finds such insurer or rating organization to be in violation of this subsection, he or she may issue an order requiring the discontinuance of such violation. 18 Del. C. 1953, §  2522;  56 Del. Laws, c. 380, §  1;  70 Del. Laws, c. 186, §  1;
18 DE Code § 2523. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2523. Joint underwriters; joint reinsurers.

§ 2523. Joint underwriters; joint reinsurers. (a) Every group, association or other organization of insurers which engages in joint underwriting or joint reinsurance shall be subject to regulation with respect thereto as herein provided, subject, however, with respect to joint underwriting, to all other provisions of law, and with respect to joint reinsurance, to § 2524 (examinations) of this title. (b) If, after a hearing, the Commissioner finds that any activity or practice of any such group, association or other organization is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter, he or she may issue a written order specifying in what respects such activity or practice is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter and requiring the discontinuance of such activity or practice. 18 Del. C. 1953, §  2523;  56 Del. Laws, c. 380, §  1;  70 Del. Laws, c. 186, §  1;
18 DE Code § 2524. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2524. Examinations.

§ 2524. Examinations. (a) The Commissioner shall, at least once in 5 years, make or cause to be made an examination of each rating organization licensed in this State, as provided in § 2511 of this title, and he or she may, as often as he or she may deem it expedient, make or cause to be made an examination of each advisory organization referred to in § 2522 of this title and of each group, association or other organization referred to in § 2523 of this title. The reasonable costs of any such examination shall be paid by the rating organization, advisory organization or group, association or other organization examined upon presentation to it of a detailed account of such costs. The officers, manager, agent and employees of such rating organization, advisory organization or group, association or other organization may be examined at any time under oath and shall exhibit all books, records, accounts, documents or agreements governing its method of operation. (b) In lieu of any such examination the Commissioner may accept the report of an examination made by the insurance supervisory official of another state, pursuant to the laws of such state. (c) The provisions of § 325 of this title (examination report) apply as to such examinations. 18 Del. C. 1953, §  2524;  56 Del. Laws, c. 380, §  1;  70 Del. Laws, c. 186, §  1;
18 DE Code § 2525. (2021)
2021 Delaware Code|Title 18 - Insurance Code|Chapter 25. Rates and Rating Organizations|§ 2525. Recording and reporting of loss and expense experience.

§ 2525. Recording and reporting of loss and expense experience. (a) The Commissioner shall promulgate reasonable rules and statistical plans, reasonably adapted to each of the rating systems on file with him or her, which may be modified from time to time and which shall be used hereafter by each insurer in the recording and reporting of its loss and countrywide expense experience in order that the experience of all insurers may be made available at least annually in such form and detail as may be necessary to aid him or her in determining whether rating systems comply with the standards set forth in § 2503 of this title. Such rules and plans may also provide for the recording and reporting of expense experience items which are specially applicable to this State and are not susceptible of determination by a prorating of countrywide expense experience. (b) In promulgating such rules and plans the Commissioner shall give due consideration to the rating systems on file with him or her and, in order that such rules and plans may be as uniform as is practicable among the several states, to the rules and to the form of the plans used for such rating systems in other states. No insurer shall be required to record or report its loss experience on a classification basis that is inconsistent with the rating system filed by it. (c) The Commissioner may designate 1 or more rating organizations or other agencies to assist him or her in gathering such experience and making compilations thereof, and such compilations shall be made available, subject to reasonable rules promulgated by the Commissioner, to insurers and rating organizations. (d) Each insurer shall report its loss or expense experience to the lawful rating organization or agency of which it is a member or subscriber but shall not be required to report its loss or expense experience to any rating organization or agency of which it is not a member or subscriber. Any insurer not reporting such experience to a rating organization or other agency may be required to report such experience to the Commissioner. Any report of such experience of any insurer filed with the Commissioner shall be deemed confidential and shall not be revealed by the Commissioner to any other insurer or other person, but the Commissioner may make compilations including such experience. (e) This section does not apply to property or casualty insurers to the extent it conflicts with any of the provisions of § 526A of this title [repealed]. 18 Del. C. 1953, §  2525;  56 Del. Laws, c. 380, §  1;  65 Del. Laws, c. 270, §  2;  70 Del. Laws, c. 186, §  1;  83 Del. Laws, c. 184, § 2;