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24-A §3061. Uniform policy standards concerning hurricane deductible programs

§3061. Uniform policy standards concerning hurricane deductible programs The superintendent shall adopt rules establishing procedures and standards for an insurer that uses a hurricane deductible program or programs regarding the applicability of hurricane deductibles. Procedures and standards must include without limitation uniform policy standards and the form of notice that the insurer must provide to […]

24-A §3051. Notice of intent

§3051. Notice of intent An insurer may not fail to renew a policy except by notice to the insured as provided in this subchapter. A notice of intention not to renew is not effective unless received by the named insured at least 30 days prior to the expiration date of the policy. Like notice must […]

24-A §3048. Scope of subchapter

§3048. Scope of subchapter This subchapter shall apply to policies of insurance, other than automobile insurance and workers’ compensation insurance, on risks located or resident in this State which are issued and take effect or which are renewed after the effective date of this subchapter and insuring against any of the following:   [PL 1989, […]

24-A §3048-A. Hearings

§3048-A. Hearings Unless otherwise specified, all hearings held under this subchapter shall conform to the procedures set forth in the Maine Administrative Procedure Act, Title 5, chapter 375, subchapter IV.   [PL 1977, c. 694, §427 (NEW).] SECTION HISTORY PL 1977, c. 694, §427 (NEW).

24-A §3049. Notice of cancellation; reasons

§3049. Notice of cancellation; reasons No policy may be cancelled except by notice to the insured as provided in this subchapter. No notice of cancellation of a policy shall be effective unless it is based on one or more of the following reasons:   [PL 1973, c. 239 (NEW).] 1.  Nonpayment of premium, including nonpayment […]

24-A §3049-A. Transfer on death deed; provision and cancellation of property insurance

§3049-A. Transfer on death deed; provision and cancellation of property insurance 1.  Definitions.  As used in this section, unless the context otherwise indicates, the following terms have the following meanings.   A. “Designated beneficiary” has the same meaning as in Title 18‑C, section 6‑402, subsection 2.   [PL 2021, c. 497, §1 (NEW).] B. “Insurable […]

24-A §3050. Delivery of notice

§3050. Delivery of notice A notice of cancellation of a policy is not effective unless received by the named insured at least 20 days prior to the effective date of cancellation, or, when the cancellation is for nonpayment of premium, at least 10 days prior to the effective date of cancellation. Like notice must also […]