D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-A. INSURANCE |
Chapter 26-A13. INSURANCE PLACEMENT FACILITIES |
Section 26-A1320. CANCELLATION OR NON-RENEWAL OF ELIGIBLE RISKS
Latest version.
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1320.1Each Member Company agrees that on cancellations and non-renewals that it initiates on risks eligible for insurance under the Plan of Operation (except in cases of non-payment of premium, or evidence of incendiarism), it will:
(a)Furnish the policyholder thirty (30) days advance written notice in order to allow time for the application for coverage to be made and a policy to be written under the provisions of the Plan of Operation; and
(b)Furnish the policyholder notice of the availability and location of the Facility.
source
Final Rulemaking published at 51 DCR 11573 (December 24, 2004); as amended by ERRATA published at 52 DCR 51(January 7, 2005).