Del. Code Ann. tit. 18, § 1755
License denial, suspension, revocation and refusal to renew; civil penalties
74 Del. Laws, c. 178, § 1;
(a) The Commissioner may deny a license to an applicant or suspend, revoke or refuse to renew a license if the applicant or licensee:
- (1) Violates the provisions of this chapter and any provision of the Delaware Unfair Trade Practices Law [Chapter 25 of Title 6] or the Delaware Unfair Claims Settlement Practices Law [Chapter 23 of this title] or any standard of conduct prescribed by the Commissioner in regulations;
- (2) Makes a material misstatement in the application for the license;
- (3) Engages in fraudulent or dishonest practices;
- (4) Demonstrates incompetence or untrustworthiness to act as a public insurance adjuster; or
- (5) Fails to complete continuing education requirements.
- (b) Upon a finding by the Commissioner of a violation of subsection (a) of this section, the Commissioner may impose a civil penalty not to exceed $1,000 for each violation.
- (c) This chapter shall not be applied or interpreted to bar a borrower from bringing an action pursuant to any Delaware or federal law for damages, injunctive relief or any other relief.