# 18 Del. C. § 7209: § Â 7209. Application to become a risk-assuming carrier

> Delaware · Statutes · Repealed

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7209

## Section

- **Citation:** 18 Del. C. § 7209
- **Heading:** § Â 7209. Application to become a risk-assuming carrier
- **Jurisdiction:** Delaware
- **Kind:** Statutes
- **Status:** Repealed
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Delaware Code / Title 18 / Chapter 72 / Section 7209

## Text

(a) A small employer carrier may apply to become a risk-assuming carrier by filing an application with the Commissioner in a form and manner prescribed by the Commissioner.

(b) The Commissioner shall consider the following factors in evaluating an application filed under subsection (a) of this section:

(1) The carrier’s financial condition;

(2) The carrier’s history of rating and underwriting small employer groups;

(3) The carrier’s commitment to market fairly to all small employers in the State or its established geographic service area, as applicable;

(4) The carrier’s experience with managing the risk of small employer groups; and

(5) The effect of approval and disapproval on the small employer insurance market and the Delaware Small Employer Health Reinsurance Program pursuant to § 7210 of this title [repealed].

(c) The Commissioner may rescind the approval granted to a risk-assuming carrier under this section if the Commissioner finds that:

(1) The carrier’s financial condition will no longer support the assumption of risk from issuing coverage to small employers in compliance with § 7207 of this title without the protection afforded by the Program;

(2) The carrier has failed to market fairly to all small employers in the State or its established geographic service area, as applicable; or

(3) The carrier has failed to provide coverage to eligible small employers as required in § 7207 of this title.

(d) A small employer carrier electing to be a risk-assuming carrier shall not be subject to the provisions of § 7210 of this title [repealed].

## Nearby sections

- [18 Del. C. § 7201 § Â
        7201. Purpose.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7201.md)
- [18 Del. C. § 7202 § Â
        7202. Definitions [For application of this section, see 79 Del. Laws, c. 99, Â 19].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7202.md)
- [18 Del. C. § 7203 § Â
        7203. Applicability and scope.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7203.md)
- [18 Del. C. § 7204 § Â
        7204. Establishment of classes of business.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7204.md)
- [18 Del. C. § 7205 § Â
        7205. Restrictions relating to premium rates.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7205.md)
- [18 Del. C. § 7206 § Â
        7206. Renewability of coverage.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7206.md)
- [18 Del. C. § 7207 § Â
        7207. Availability of coverage; preexisting conditions; minimum participation [For application of this section, see 79 Del. Laws, c. 99, Â 19].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7207.md)
- [18 Del. C. § 7208 § Â
        7208. Notice of intent to operate as a risk-assuming carrier.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7208.md)
- [18 Del. C. § 7209 § Â
        7209. Application to become a risk-assuming carrier.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7209.md)
- [18 Del. C. § 7211 § Â
        7211. Health benefit plan committee.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7211.md)
- [18 Del. C. § 7212 § Â
        7212. Periodic market evaluation.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7212.md)
- [18 Del. C. § 7213 § Â
        7213. Waiver of certain state laws.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7213.md)
- [18 Del. C. § 7214 § Â
        7214. Administrative procedures.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7214.md)
- [18 Del. C. § 7215 § Â
        7215. Standards to assure fair marketing.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7215.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7209. Check the current official text before relying on it. Not legal advice.