The bill amends Section 27-8-11 of the General Laws in Chapter 27-8, which pertains to casualty insurance, by introducing new regulations regarding the cancellation and renewal of automobile and homeowner's insurance. It mandates that insurers provide written notice of nonrenewal at least sixty (60) days prior to nonrenewal, and written notice of any coverage reductions, eliminations, or increased deductibles not made at the request of the insured at least thirty (30) days prior to renewal. The notice must itemize and describe the specific changes in coverage.
The act is set to take effect on January 1, 2027.
Statutes affected: 2011: 27-8-11
2011 SUB A: 27-8-11