Section 5302 - Continuation of existing insurers(a) All such insurers holding subsisting certificates of authority from the Commissioner immediately prior to November 1, 1968 may continue to be so authorized so long as qualified therefor under this title. (b) No new such insurers shall be formed or be newly authorized after November 1, 1968.18 Del. C. 1953, § 5302; 56 Del. Laws, c. 380, § 1.;