Applicability of Hurricane Deductibles for Storm Sandy

Karen Weldin Stewart, CIR-ML Commissioner [LOGO] Delaware Department of Insurance # DOMESTIC/FOREIGN INSURERS BULLETIN NO. 57 TO: ALL INSURERS LICENSED TO AND WRITING RESIDENTIAL PROPERTY & CASUALTY INSURANCE IN DELAWARE RE: Applicability of Hurricane Deductibles for Storm Sandy DATED: November 2, 2012 This Bulletin serves to advise all property and casualty insurance carriers writing business in Delaware that they may not impose a hurricane deductible on Delaware claims because, based on data from the National Weather Service, Storm Sandy did not have sustained hurricane-force winds when it made landfall in Delaware. This Bulletin shall be effective immediately. Karen Weldin Stewart, CIR-ML Delaware Insurance Commissioner 841 Silver Lake Blvd., Dover, DE 19904-2465 • www.delawareinsurance.gov (302) 674-7300 Dover • (302) 739-5280 fax • (302) 577-5280 Wilmington 1