Del. Code tit. 29 § 5292

Current through 2024 Legislative Session Act Chapter 531
Section 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%.

29 Del. C. § 5292

Added by Laws 2013, ch. 391,s 1, eff. 8/6/2014.