Department Says Cancellations Must Give Specific Reasons, Advance Notice

In keeping with a new state law that took effect July 1, the Connecticut Insurance Department will allow electronic notice of cancellations and nonrenewals, but the notices must meet certain requirements, the department announced. All property and casualty insurers, including workers' comp carriers, must give specific reasons for the action. Nonspecific reasons, such as “claims experience,” are unacceptable, the department said. The insurer also must meet advance-notice requirements. “Failure of the insurer or its agent to provide the insured with the required notice of...