Del. Code Ann. tit. 18, § 1902 – Home state regulation of nonadmitted insurance | Midpage
§ 1902
Del. Code Ann. tit. 18, § 1902
Home state regulation of nonadmitted insurance
78 Del. Laws, c. 176, § 1;
(a) The placement of nonadmitted insurance business shall be subject to the statutory and regulatory requirements solely of the insured’s home state as defined in this chapter.
(b) This section may not be construed to preempt any law, rule, or regulation that restricts the placement of workers’ compensation insurance or excess insurance for self-funded workers’ compensation plans with a nonadmitted insurer.