Authorizing an insurer to rescind a policy or binder of personal automobile insurance if an applicant makes specified misrepresentations; requiring the insurer to provide specified notice to an applicant that specified insurance coverage may be rescinded under specified circumstances; requiring an insurer to take specified actions before rescinding specified insurance coverage; applying the Act to all policies and binders of personal automobile insurance issued or delivered in the State on or after October 1, 2016; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2016
|Date Posted||Document Name|
|2/04/2016||Text - First - Personal Automobile Insurance - Rescission of Policy or Binder - Misrepresentations by Applicant|
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Last Updated: 2/3/2020 2:30 PM