HOUSE BILL NO. 417
AN ACT TO AMEND CHAPTER 25, TITLE 18, DELAWARE CODE RELATING TO ASSIGNED RISK PLANS.
Be it enacted by the General Assembly of the State of Delaware:
Section 1. Amend Subsection 2527, Chapter 25, Title 18, Delaware Code, by striking §2527 in its entirety and substituting a new §2527 to read as follows:
§ 2527. Assigned risk plans
The Commissioner shall promulgate the necessary regulations to effect (1) an equitable apportionment, among all the insurers writing automobile insurance in this State, of insurance which shall be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods and (2) reasonable rates for such insurance and (3) such other rules as are necessary to effect and maintain an assigned risk plan.
Approved July 12, 1973.