Current through 2024 Legislative Session Act Chapter 531
Section 714 - Expenses and fees for form and rate filings(a) In addition to a filing fee as set forth in § 701 of this Title, the expenses and fees of the Department of Insurance for the review and determination of a form and rate filing by an insurer shall be assessed to and paid by the insurer and shall include the reasonable and proper expenses of the Commissioner and the Commissioner's examiners and assistants, including expert assistance contracted for by the Commissioner. Such insurer shall promptly pay the form and rate filing review expense upon presentation by the Commissioner or the Commissioner's examiners of a reasonably detailed written account thereof.(b) No insurer shall be required to pay a form filing fee pursuant to § 701 (34) of this Title that exceeds $2,000 per filing. For form filings that are made on a group-wide basis, the $2,000 filing cap shall be applied to each insurer within the filing. Amended by Laws 2019, ch. 112,s 1, eff. 7/1/2019.Amended by Laws 2017, ch. 57,s 2, eff. 7/3/2017.73 Del. Laws, c. 325, § 3; 75 Del. Laws, c. 156, § 1.;