Product Update

State Cancellation and Nonrenewal COVID-19 Guidelines in Commercial Liability Insurance

The economic hardships imposed by the coronavirus pandemic and resulting lockdown orders across the country have prompted state insurance departments to issue guidelines for insurers regarding such things as premium credits; deferred premium payment; notice of occurrence, claim, or suit; and cancellation. In this release of Commercial Liability Insurance, at the top of the page listing state cancellation and nonrenewal regulations, you will find a link to IRMI's survey of these COVID-19-related guidelines.