Delaware General Assembly


CHAPTER 64

FORMERLY

SENATE BILL NO. 10

AN ACT TO AMEND CHAPTER 17, TITLE 18, DELAWARE CODE RELATING TO REQUIREMENTS FOR VARIOUS INSURANCE LICENSES TO TRANSACT INSURANCE IN DELAWARE.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend §1713 of Chapter 17, Title 18, Delaware Code by adding thereto the following new paragraphs to read as follows:

"(d) No person shall in this State be, act as, or
hold himself out to be an agent, broker, adjuster, appraiser, fraternal or limited representative, consultant or surplus lines broker unless then licensed as such agent, broker, adjuster, appraiser, fraternal or limited representative, consultant or surplus lines broker under this Chapter.

(e) No agent, broker, fraternal or limited representative, or surplus lines broker shall solicit or take application for, procure or place for others any kind of insurance as to which he is not then licensed.

(f) No agent shall place any insurance with any insurer as to which he does not then hold a license and appointment as agent under this Chapter.

(g) The Commissioner shall prescribe all forms required under this Chapter as to licenses and appointments.

(h) No person shall act as an appraiser for motor vehicle physical damage claims on behalf of any insurance company or firm or corporation engaged in the adjustment or appraisal of motor vehicle claims unless such person has first secured an appropriate appraiser or adjuster license from the Commissioner.

(i) Violation of the foregoing shall be subject to the provisions of §106 and §316 of this Title."

Approved May 26, 1977.