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Delaware General AssemblyDelaware RegulationsMonthly Register of RegulationsNovember 2018

Regulatory Flexibility Act Form

Authenticated PDF Version

18 DE Admin. Code 610
1.1 This regulation is adopted by the Commissioner pursuant to the authority granted by 18 Del.C. §§311 and 2501 and promulgated in accordance with the Delaware Administrative Procedures Act, 29 Del.C. Chapter 101.
Insurer” shall mean every insurer licensed to offer and sell non-fleet private passenger automobile insurance coverage in the State of Delaware.
Private passenger auto market share” shall be determined by data from the National Association of Insurance Commissioners for the prior calendar year for line numbers 19.1, 19.2 and 21.1 for the State of Delaware
Rate estimates” shall mean the estimated annual insurance premiums produced for the Department’s rate survey.
Rate survey” shall mean a request by the Department that insurers calculate estimated annual insurance premiums based on hypothetical consumer profiles, and to include variations in driving record, vehicle and other factors identified by the Department. The rate survey shall include estimated premiums for each zip code or other geographic area identified by the Department.
5.2 In 2006, all required rate survey data from insurers must be submitted to the Department on or before November 1st, 2006. In all subsequent years, all required rate survey data from insurers must be submitted to the Department on or before October 15th of each year.
6.1 Insurers shall provide rate estimates based on rates in effect as of October 1st of the year when the rate survey is being completed.
Last Updated: December 31 1969 19:00:00.
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