Delaware Prop Casualty exam

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Max. penalty for unknowingly violating DE law. (each violation)

$1,000

Max. aggregate penalty for unknowingly violating DE law

$100,000

Maximum penalty for violating a cease and desist order (each violation)`

$11,500

Max. aggregate penalty for knowingly violating DE law

$150,000

Maximum fine for agent violation

$20,000

Min. fine for agent violation (as determined by the commissioner)

$200

Surplus broker license

$200

Resident producer renewal (biennially on February 28, even years)

$50

Broker License

$75

Business entity initial license

$75

Non-resident producer renewal (biennially on feb. 28, odd years)

$75

Producers License

$75

consultant license

$75

Max. penalty for knowingly violating DE law

10,000

Continuing education credit hours each CE period

24 hours

Ethics requirement

3 hours

Long-term care requirement

3 hours

How long is an insurance commissioner's term?

4 years

each insurer must be examined at least once in this time period

5 years


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