Del. Code Ann. tit. 18, ch. 57 – Reciprocal Insurers | Midpage

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Del. Code Ann. tit. 18, ch. 57

Reciprocal Insurers

5701“Reciprocal” insurance defined 5702Scope of chapter; existing insurers 5703Insuring powers of reciprocals 5704Name; suits 5705Attorney; attorney, subscribers and reciprocal insurer a single entity 5706Organization of reciprocal insurer 5707Certificate of authority 5708Power of attorney 5709Modifications 5710Attorney’s bond 5711Deposit in lieu of bond 5712Action on bond 5713Service of process; judgment 5714Contributions to insurer 5715Financial condition; method of determining 5716Subscribers 5717Subscribers’ advisory committee 5718Subscribers’ liability generally 5719Subscribers’ liability on judgment 5720Assessments 5721Time limit for assessments 5722Aggregate or contingent liability 5723Nonassessable policies 5724Subscribers’ share in assets 5725Merger or conversion 5726Impaired reciprocals