Delaware § 4106 Establishment of industry placement facility

Delaware Statutes

§ 4106 — Establishment of industry placement facility

Delaware·Title 18·Part Insurance·Ch. 41 PROPERTY INSURANCE CONTRACTS·Subch. Basic Property Protection Plan

An industry placement facility shall be established by authorized insurers to formulate and administer a program for the equitable distribution and placement of applications for basic property insurance for qualified property which has been so inspected. Separate classifications may be established for the purpose of equitable distribution. Such programs should be intended to conform with the applicable provisions of the National Insurance Development Corporation Act of 1968 [former 12 U.S.C. § 1749bbb et seq., repealed], or other such title as such federal legislation may bear upon enactment.

Free access — add to your briefcase to read the full text and ask questions with AI

An industry placement facility shall be established by authorized insurers to formulate and administer a program for the equitable distribution and placement of applications for basic property insurance for qualified property which has been so inspected. Separate classifications may be established for the purpose of equitable distribution. Such programs should be intended to conform with the applicable provisions of the National Insurance Development Corporation Act of 1968 [former 12 U.S.C. § 1749bbb et seq., repealed], or other such title as such federal legislation may bear upon enactment.

Delaware § 4106 (Establishment of industry placement facility) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.