{"data":{"id":"us-de/18-del.-c.-1109","jurisdiction":"us-de","citation":"18 Del. C. § 1109","heading":"Title insurance reserves.","body":"In addition to an adequate reserve as to outstanding losses as required under § 1103 of this title, a title insurer shall maintain a guaranty fund or unearned premium reserve of not less than an amount computed as follows:\n(1) Ten percent of the total amount of the risk portion of premiums written in the calendar year for title insurance contracts shall be assigned originally to the reserve;\n(2) During each of the 20 years next following the year in which the title insurance contract was issued, the reserve applicable to the contract may be reduced by 5% of the original amount of such reserve.","path":["Title 18. Insurance Code","Insurance","CHAPTER 11. Assets and Liabilities","Subchapter II. Liabilities and Reserves"],"source_url":"https://delcode.delaware.gov/title18/c011/sc02/index.html#1109","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:24Z","sha256":"cace6041dea8416902d4fcb0889e6590ac13626f10f0af868d588ea827815e0d","source_id":"us-de","stale":true,"prev":"us-de/18-del.-c.-1108","next":"us-de/18-del.-c.-1110"},"notice":"GroundRules: Original legal text. Not legal advice."}