MD Insurance Bulletin 18-07

Cancellations of Insurance Policies

Year: 2018Length: 211 wordsOfficial source
Bulletin 18-07 Date: May 23, 2018 To: All Property and Casualty Insurers, The Maryland Automobile Insurance Fund (MAIF), The Joint Insurance Association (JIA); Chesapeake Employers Insurance Company; All Premium Finance Companies; and All Life & Health Insurers Re: Cancellations of Insurance Policies ▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪▪ During the week of May 13, 2018, Frederick and Washington Counties received unprecedented amounts of rain that caused significant damage to many properties in those counties and to the roads. Frederick and Washington Counties issued Local “States of Emergency.” Because of this weather event, daily life for many Maryland consumers has been disrupted. To avoid cancellations for personal automobile insurance, homeowners insurance, and other personal lines of insurance; commercial insurance; and life and health insurance, the Maryland Insurance Administration encourages insurers to provide reasonable accommodations, including a grace period for premium payment, to policyholders that reside in and the businesses located in the following zip codes: 21701; 21702; 21703; 21704; 21715; 21718; 21755; 21756; 21758; 21769; 21779; 21782; 21793 and 21770. Al Redmer, Jr. Commissioner By: Joy Hatchette Associate Commissioner Consumer Education & Advocacy AL REDMER, JR. Commissioner NANCY GRODIN Deputy Commissioner LARRY HOGAN Governor BOYD K. RUTHERFORD Lt. Governor 200 St. Paul Place, Suite 2700 Baltimore, Maryland 21202 Direct Dial: 410-468-2000 Fax: 410-468-2020 www.insurance.maryland.gov signature on original
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