Md. Code Regs. 31.08.08.07

Current through Register Vol. 51, No. 22, November 1, 2024

Section 31.08.08.07 - Notice of Cancellation, Nonrenewal, or Reimposition of an Exclusion

A. If an insurer intends to not renew or cancel lead hazard coverage, or intends to reimpose a lead hazard exclusion, pursuant to Regulation .06B of this chapter, which is not at the request of the insured, the insurer shall give the insured written notice of this change. This notice shall include, at a minimum, the following information:

(1) The insurer intends to not renew or cancel lead hazard coverage, or intends to reimpose a lead hazard exclusion;

(2) How the insured failed to perform lead hazard reduction treatments as set forth in Environment Article, § 6-815(a), Annotated Code of Maryland, or how the affected property failed to comply or maintain compliance with the risk reduction standards under Environment Article, § 6-815(a)(2), Annotated Code of Maryland;

(3) The date by which the insured shall provide to the insurer certification under Environment Article, § 6-815(a) or 6-816, Annotated Code of Maryland, that the violation is corrected, which date should be 30 days after the mailing of the notice by the insurer; and

(4) The location of the affected property of which the insurer intends to not renew or cancel lead hazard coverage, or intends to reimpose a lead hazard exclusion.

B. The insurer, or the insurer's authorized representative, shall mail or deliver to the insured or a person designated by the insured on the policy, the notice prescribed in §A of this regulation.

C. If an insurer fails to provide the notice required by Regulation .04B of this chapter and §A of this regulation, the lead hazard coverage remains in effect.

Md. Code Regs. 31.08.08.07

Regulation .07 amended effective 44:4 Md. R. 256, eff. 1/1/2018