PocketLaw | Delaware Code | Delaware Insurance Guaranty Association

Delaware Insurance Guaranty Association Act

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Title.

Purpose.

Scope.

Construction.

Definitions.

Creation of the Association.

Board of Directors.

Powers and duties of the Association.

Plan of operation.

Duties and powers of the Commissioner.

Effect of paid claims.

Exhaustion of other coverage.

Prevention of insolvencies.

Examination of the Association.

Tax exemption.

Recognition of assessments in rates.

Immunity.

Stay of proceedings; reopening of default judgments.

Recoupment of assessment.

Preferred creditor status.

Access to assets of insolvent insurer; application for court approval of plan to disburse assets.

Applicability.