Delaware § 521 Order and notice of suspension, revocation; effect upon agents’ authority

Delaware Statutes

§ 521 — Order and notice of suspension, revocation; effect upon agents’ authority

Delaware·Title 18·Part Insurance·Ch. 5 AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS

(a)All suspensions or revocations of or refusals to continue an insurer’s certificate of authority shall be, by the Commissioner’s order, given to the insurer.

(b)Upon issuance of the order, the Commissioner shall forthwith give notice thereof to the insurer’s agents in this State of record in the Department, and shall likewise suspend or revoke the authority of such agents to represent the insurer.

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(a) All suspensions or revocations of or refusals to continue an insurer’s certificate of authority shall be, by the Commissioner’s order, given to the insurer.

(b) Upon issuance of the order, the Commissioner shall forthwith give notice thereof to the insurer’s agents in this State of record in the Department, and shall likewise suspend or revoke the authority of such agents to represent the insurer.

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