§ 1755. License denial, suspension, revocation and refusal to renew; civil penalties.
170 words·~1 min read·
/de/title-18/1755A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The Commissioner may deny a license to an applicant or suspend, revoke or refuse to renew a license if the applicant or licensee:
(1)Violates the provisions of this chapter and any provision of the Delaware Unfair Trade Practices Law [Chapter 25 of Title 6] or the Delaware Unfair Claims Settlement Practices Law [Chapter 23 of this title] or any standard of conduct prescribed by the Commissioner in regulations;
(2)Makes a material misstatement in the application for the license;
(3)Engages in fraudulent or dishonest practices;
(4)Demonstrates incompetence or untrustworthiness to act as a public insurance adjuster; or
(5)Fails to complete continuing education requirements.
(b)Upon a finding by the Commissioner of a violation of subsection
(a)of this section, the Commissioner may impose a civil penalty not to exceed $1,000 for each violation.
(c)This chapter shall not be applied or interpreted to bar a borrower from bringing an action pursuant to any Delaware or federal law for damages, injunctive relief or any other relief.