Delaware Code Title 18. Insurance Code § 6707B. Source of funding and administration of such policy

(a) Administration of this policy and funding will be through the State Insurance Coverage Office.  A separate budget line will be established in which the funds will be transferred from the State Treasurer to the State Insurance Coverage Office, pursuant to § 705(g) of this title, who will be responsible for paying the premium for the policy.  In any policy year, should the amounts transferred pursuant to § 705(g) of this title be insufficient to fund the premium for the policy, the Fund as defined in § 6501 of this title will make up the shortfall.

(b) The Insurance Coverage Office will submit a copy of a quarterly stewardship report to the State Fire Commission and the Department of Insurance for their review.