Delaware § 8309 Filing [For applicability of this section, see 81 Del. Laws, c. 108, §  3]

Delaware Statutes

§ 8309 — Filing [For applicability of this section, see 81 Del. Laws, c. 108, § 3]

Delaware·Title 18·Part Suretyship·Ch. 83 Use of Credit Information in Insurance

(a)Insurers that use insurance scores to underwrite and rate risks must file their scoring models with the Commissioner. A third party may file scoring models on behalf of insurers. A filing that includes insurance scoring may include loss experience justifying the use of credit information.

(b)Any filing relating to credit information is considered proprietary or trade secret under § 10002(o)(2) of Title 29 or upon the request of the insurer or owner of the document and subject to the confidentiality provisions of § 321(g) of this title.

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(a) Insurers that use insurance scores to underwrite and rate risks must file their scoring models with the Commissioner. A third party may file scoring models on behalf of insurers. A filing that includes insurance scoring may include loss experience justifying the use of credit information.

(b) Any filing relating to credit information is considered proprietary or trade secret under § 10002(o)(2) of Title 29 or upon the request of the insurer or owner of the document and subject to the confidentiality provisions of § 321(g) of this title.

Delaware § 8309 (Filing [For applicability of this section, see 81 Del. Laws, c. 108, § 3]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.