Delaware Prop Casualty exam
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