Cancellation & Nonrenewal outlines how insurers can legally terminate property & casualty insurance policies on a state-by-state basis for all 50 states and U.S. territories.
This title presents the updated rules and guidelines for the cancellation and nonrenewal of various kinds of insurance policies. Provisions are laid out by type of business and feature new charts that show when and how a policy may be canceled and the manner in which a carrier must provide notice of cancellation/nonrenewal to the policyholder.
Details Section:
Provides specific guidelines regarding the cancellation and nonrenewal of insurance policies for both commercial and personal lines of business, including cancellation by a premium finance company
Gives permissible reasons for cancellation and nonrenewal
Lists definitions of and penalties for insurance fraud
Tells insurers whether or not a fraud warning is required on policies issued
Defines unfair claims settlement practices and penalties for violation of those practices
New in the 2024 Edition:
Access to online “Updates Page” where we list updates to cancellation and nonrenewal statutes that were made after publication of the books
State-specific ISO forms listed by Line of Business for both commercial and personal lines
Improved organization of in-text statutory citations
Key Topics
Providing notice of cancellation and nonrenewal of commercial and personal lines insurance
Cancellation of a policy by a premium finance company
Definition of and penalties for insurance fraud
Definition of unfair claims settlement practices
Cancellation & Nonrenewal comes to you from the editors of FC&S Expert Coverage Interpretation, which is committed to keeping you up-to-date on the latest insurance coverage interpretations and analyses. It is the authoritative reference tool for agents and underwriters who need to know how a policy may be legally terminated by an insurer.
Kelly S. Helton, J.D. is an Assistant Editor for FC&S Expert Coverage Interpretation. She worked for ALM Global, LLC as a legal intern before joining the company full-time. She graduated magna cum laude from Taylor University in Upland, Indiana, with a B.S. in Professional Writing and a B.A. in Psychology. She received her Juris Doctor from Salmon P. Chase College of Law at Northern Kentucky University. She previously edited the Workers Compensation Guide, 4th Edition.