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2022 Delaware Code
Title 29 - State Government
Chapter 52C. SUPPLEMENTAL INSURANCE PROGRAM
§ 5292. Selection of the supplemental income benefits carrier.
Universal Citation: 29 DE Code § 5292 (2022)
§ 5292. Selection of the supplemental income benefits carrier.
The carrier shall be licensed in Delaware, selected by a proper vote of the Committee, and have adequate servicing facilities to carry out the terms of the contract as awarded by the Committee. The selected carrier shall maintain a claims loss ratio of not less than 60%.
79 Del. Laws, c. 391, § 1;
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