State statute · Delaware
Delaware Code Title 18 (Insurance Code) Chapter 24, Secs. 2401-2415: Insurance Fraud Prevention
Edition and licensing notes
Publisher. Delaware General Assembly, Delaware Code Online (delcode.delaware.gov)
Status. Delaware Code, public domain (state government edict).
What this document is
Delaware Code Title 18 (Insurance Code) Chapter 24 - Insurance Fraud Prevention (Secs. 2401-2415) is a state statute published by Delaware General Assembly, Delaware Code Online (delcode.delaware.gov). It is one of the Delaware documents that insurance license exam questions are written from, including delaware property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- 18 Del. C. § 2408 (Duties of insurers)
“Any insurer which has a reasonable belief that an act of insurance fraud is being, or has been, committed shall send to the Bureau, on a form prescribed by the Bureau, any and all information and such additional information relating to such act as the Bureau may require.”
- 18 Del. C. § 2411(b) (Enforcement, investigations, hearings, administrative penalties and appeals)
“the Commissioner may impose an administrative penalty of not more than $10,000 for each act of insurance fraud. An act of insurance fraud may be 1 of several such acts which taken together comprise a fraudulent insurance scheme.”
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