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Cancellation / Nonrenewal : Docket No. INS-08-2067 Decision
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Larry Gross v. MMG Insurance Company Held July 2, 2008 - Docket No. INS-08-2067 The insured requesting a hearing following receipt of a notice of homeowners insurance policy nonrenewal citing certain conditions of the property. At hearing, the company presented evidence of the conditions Held: For the company. An insurer may decline to renew a policy for a good faith reason related to the insurability of the property or a cancellation ground pursuant to section 3049. 24-A M.R.S.A. § 3051. The company has demonstrated that several of the conditions articulated in the notice of nonrenewal exist on the property, and it explained how those conditions are related to the insurability of the property. The company has demonstrated that these conditions are good faith reasons related to the insurability of the property. The company complied with the notice requirements of § 3051.
Last Updated: August 22, 2012 |
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