18 Del. Admin. Code § 1701-3.0

Current through Register Vol. 28, No. 5, November 1, 2024

Section 1701-3.0 - Unfair Trade Practices

3.1 The use of compensating balances or special deposits as an inducement to a creditor to place a credit insurance program with the insurer, making or offering to create such compensating balance or special deposit is considered by the Insurance Commissioner to be a prohibited practice within the meaning of the Unfair Trade Practices Act (Sec. 2301-2316) and this section is intended to serve notice as to his determination in this regard.