417-C:1 Grounds for Cancellation. – I. A notice of cancellation of a policy, to which RSA 417-C:2 applies, shall be effective only if it is based on one or more of the following reasons: (a) Nonpayment of a premium, including nonpayment of any additional premiums due from an audit conducted in accordance with law […]
417-C:2 Notice of Cancellation. – I. No notice of cancellation shall be effective unless mailed, physically delivered, or electronically delivered by the insurer or its agent to the named insureds at least 60 days prior to the effective date of cancellation; provided, however, that where cancellation is for nonpayment of premium or substantial increase […]
417-C:3 Notice of Nonrenewal. – No insurer shall refuse to renew a policy at its expiration or anniversary if written for a term of more than one year unless such insurer or its agent shall mail, physically deliver, or electronically deliver to the named insureds advance notice of its intention not to renew. The […]
417-C:4 Renewals; Premiums. – I. Any renewal premium increase in excess of 25 percent is controlled by the provisions of RSA 417-C:3. The notice may indicate that renewal is conditioned upon the premium increase without reference to nonrenewal. II. Any renewal premium increase of 25 percent or less shall not be implemented until the […]
417-C:5 Repealed by 2002, 207:23, eff. May 16, 2002. –
417-C:6 Scope of Chapter. – This chapter shall only apply to policies of insurance providing fire, inland marine, multi-peril, casualty and liability policies, and shall not apply to mortgage guaranty insurance, surety bonds, workers’ compensation policies regulated under RSA 281-A or any policies provided and controlled by RSA 417-A or RSA 417-B. Source. 2002, […]
