Cancellations, Nonrenewals & Conditional Renewals
What you'll find on this page
Questions, answers and discussions about what insurance carriers have to do regarding policy cancellations, non-renewals and conditional renewal notices (also known as "220 notices.") New York laws and legal opinions, including Section 3426, also known as "Chapter 220" and "Regulation 220."
Top Question: Is it legal for an insurer to send a non-renewal notice and a conditional renewal notice on the same policy?
Generally, no. The DFS issued an opinion about a situation where an insurer did this on a commercial general liability policy. The department attorney wrote:
“The insurer failed to properly inform the insured as to what action the insurer intended. The insurer cannot both renew and nonrenew or conditionally renew and nonrenew a policy. The notice provisions and statutes must be literally complied with and any ambiguities in language are construed against the insurer.… Therefore, the notice is ineffective to nonrenew or conditionally renew the policy.”
Laws, Regulations & Legal Opinions
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