N.D. Admin. Code 45-05-04-04

Current through Supplement No. 395, January, 2025

Section 45-05-04-04 - Record retention

For the three-year period immediately preceding the cancellation or nonrenewal of policyholder coverage, the following loss and claim information must be retained:

1. Date of loss or claim;

2. General nature of loss or claim; and

3. Amount paid.

This information must be retained by the insurer for a period of one year after cancellation or nonrenewal of policyholder coverage.

N.D. Admin Code 45-05-04-04

Effective July 1, 1988.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-25-09, 26.1-39-12, 26.1-39-17, 26.1-40-11