Revision: Dec. 2, 2019, 3:27 p.m.
HB 1375 - AS INTRODUCED
2020 SESSION
20-2698
01/08
HOUSE BILL 1375
AN ACT relative to cancellations of commercial insurance policies.
SPONSORS: Rep. Hunt, Ches. 11; Sen. French, Dist 7
COMMITTEE: Commerce and Consumer Affairs
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ANALYSIS
This bill clarifies grounds for cancellation of commercial insurance.
This bill is a request of the insurance department.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
20-2698
01/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty
AN ACT relative to cancellations of commercial insurance policies.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Cancellation or Refusal to Renew Commercial Insurance; Grounds for Cancellation. RSA 417-C:1, I(c) is repealed and reenacted to read as follows:
(c) A change in the risk that substantially increases a hazard insured against after insurance coverage has been issued or renewed.
2 Effective Date. This act shall take effect 60 days after its passage.