Delaware Code Title 18. Insurance Code § 3908. Cancellation or nonrenewal of automobile policy--Exceptions related to insurer's condition
Current as of January 01, 2022 | Updated by FindLaw Staff
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Nothing contained in §§ 3903-3907 of this title shall be construed to prevent the cancellation or nonrenewal of any such insurance where:
(1) Cancellation or nonrenewal is ordered under or in connection with a statutory delinquency proceeding commenced against the insurer under Chapter 59 of this title (Rehabilitation and Liquidation); or
(2) Cancellation or nonrenewal has been consented to by the Commissioner on a showing that continuation of such insurance can reasonably be expected to create a condition in the insurer hazardous to its policyholders, or to its creditors, or to its members, subscribers or stockholders, or to the public.
Cite this article: FindLaw.com - Delaware Code Title 18. Insurance Code § 3908. Cancellation or nonrenewal of automobile policy--Exceptions related to insurer's condition - last updated January 01, 2022 | https://codes.findlaw.com/de/title-18-insurance-code/de-code-sect-18-3908/
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