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2020 New Hampshire Revised Statutes
Title XXXVII - Insurance
Title 402 - Insurance Companies and Agents
Section 402:84 - Discontinuance of Lines of Business; Notice Required.
Universal Citation: NH Rev Stat § 402:84 (2020)
402:84 Discontinuance of Lines of Business; Notice Required. –
Any licensed insurance company authorized to transact fire or casualty business in this state shall provide 120 days' notice to its appointed agents of record in New Hampshire of the insurance company's decision to cease writing an entire line of business. Any nonrenewal notices to affected policyholders shall be issued in accordance with applicable law, provided that the effective date of any such nonrenewals shall be at least 120 days after notice to the agents of record under this section.
Source. 2018, 31:1, eff. Jan. 1, 2019.
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