Property/Casualty Schedule Rating Plans and Deviations: All Lines of Insurance

TRINIDAD NAVARRO COMMISSIONER STATE OF DELAWARE DEPARTMENT OF INSURANCE # FORMS & RATES BULLETIN NO. 19 TO: ALL PROPERTY/CASUALTY INSURERS RE: PROPERTY/CASUALTY SCHEDULE RATING PLANS AND DEVIATIONS – ALL LINES OF INSURANCE DATED: December 19, 1997 REVISED: January 22, 2019 UPDATED: August 31, 2022 The original purpose of Forms & Rates Bulletin No. 19 was alert insurers who were using expired deviations filed pursuant to 18 Del. C. § 2518 of the need to renew or terminate their filings on or before March 21, 1998. The purpose of the January 22, 2019 revision to Forms & Rates Bulletin No. 19 was to inform insurers that, pursuant to House Bill No. 147 (with Senate Amendment No. 1) of the 149th General Assembly, the filing fee associated with deviation filings was raised from $25 to $100. The purpose of the current version of this Bulletin is to inform insurers of the passage of Senate Bill No. 81 (151st General Assembly) (“SB 81”). Prior to the passage of SB 81, Delaware law provided that all deviations filed with the Department were effective for a period of one year from the date of approval unless terminated sooner. This required deviations to be filed on an annual basis, even if there were no modifications or changes to the filing. With the passage of SB 81, deviations from rating organization filings are effective continuously until terminated with the approval of the Commissioner or subsequently modified. Any questions, comments, or requests for clarification concerning information within this bulletin should be emailed to DOI_Rate@delaware.gov. This Bulletin shall be effective immediately and shall remain in effect unless withdrawn or superseded by subsequent law, regulation or bulletin. Trinidad Navarro Delaware Insurance Commissioner NOTE: This Bulletin is intended solely for informational purposes. It is not intended to set forth legal rights, duties, or privileges, nor is it intended to provide legal advice. Readers should consult applicable statutes and rules and contact the Delaware Department of Insurance if additional information is needed. ♦INSURANCE.DELAWARE.GOV♦ 1351 W. NORTH ST., SUITE 101, DOVER, DELAWARE 19904-2465 (302) 674-7300 DOVER♦ (302) 259-7554 GEORGETOWN♦ (302) 577-5280 WILMINGTON Page | 1