18 Del. Admin. Code § 1801-12.0

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

Section 1801-12.0 - Acquisition of Section 5003(a) Insurers

12.1 If the person being acquired is deemed to be a "domestic insurer" solely because of the provisions of Section 5003(a) of the Act, the name of the domestic insurer on the cover page should be indicated as follows:

"ABC Insurance Company, a subsidiary of XYZ Holding Company."

12.2 Where a Section 5003(a) insurer is being acquired, references to "the insurer" contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.

18 Del. Admin. Code § 1801-12.0

19 DE Reg. 642 (1/1/2016) (Final)