Insurance Companies Are Required to Give Notice When there is a Substantial Change of Coverage in a Homeowners Insurance Policy

A recent decision in Connecticut confirmed that substantial changes in property coverage policies are considered a “non-renewal” that requires insurers to give insureds 60 days’ notice. That Court found that the property and casualty insurers’ advance notice requirement for non-renewal of a policy applies to renewals conditioned on acceptance of substantial changes in coverage. While …

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States are Currently Proposing Legislation Requiring Retroactive Removal of Virus Exclusion to Coronavirus Business Income and Civil Authority Claims

States across the United States have been proposing legislation that could retroactively remove virus exclusion clauses for COVID-19 business income and civil claims. New Jersey has recently proposed Assembly Bill 3844 which would mandate that “every policy of insurance insuring against loss or damage to property, which includes the loss of use and occupancy and …

States are Currently Proposing Legislation Requiring Retroactive Removal of Virus Exclusion to Coronavirus Business Income and Civil Authority Claims Read More »

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