Section 26-23-401 – Qualifications for Group or Master Personal and Commercial Lines Property and Casualty Insurance Policies.

26-23-401. Qualifications for group or master personal and commercial lines property and casualty insurance policies. (a) Personal and commercial lines property and casualty insurance may be offered to a resident of this state under a group or master policy issued or delivered pursuant to this section. (b) Group or master property and casualty personal lines […]

Section 26-23-402 – Group or Master Policy.

26-23-402. Group or master policy. (a) A group or master policy for personal or commercial lines property and casualty insurance coverage shall be issued to the policyholder. Eligible members or covered persons insured under a group or master policy shall be provided evidence of coverage setting forth a statement as to the insurance protection to […]

Section 26-23-403 – Policy Coverage.

26-23-403. Policy coverage. (a) Coverage under a group or master personal or commercial lines property and casualty insurance policy may be terminated as to a member or covered person only for: (i) Failure of the member or covered person to make required premium contributions; (ii) Termination of the master policy in its entirety or as […]

Section 26-23-404 – Duties and Limitations of Insurers.

26-23-404. Duties and limitations of insurers. (a) No insurer shall issue or deliver a group or master personal lines property and casualty insurance policy if it is a condition of membership in a group that any member purchase insurance pursuant to the policy, or if any member shall be subject to any penalty by reason […]

Section 26-23-405 – Regulatory Jurisdiction.

26-23-405. Regulatory jurisdiction. (a) No master policy or certificate of insurance for group property and casualty insurance coverage shall be issued or delivered in this state unless issued or delivered by an insurer which is duly licensed in this state to write the lines of insurance covered by the master policy. (b) This article shall […]

Section 26-23-406 – Effective Date.

26-23-406. Effective date. This article shall take effect July 1, 2013. No master policy or certificate of insurance for group property and casualty insurance coverage shall be issued or delivered in this state after the effective date unless issued or delivered in compliance with this article. A master policy or certificate that is lawfully in […]