Idaho § 41-2509 CANCELLATIONS AND NONRENEWAL — EXCEPTIONS TO

Idaho Statutes

§ 41-2509 — CANCELLATIONS AND NONRENEWAL — EXCEPTIONS TO

Idaho·Title 41 INSURANCE·Ch. 25 CASUALTY INSURANCE CONTRACTS

Nothing contained in sections 41-2506 through 41-2512 of this act shall be construed to prevent the cancellation or nonrenewal of any such insurance where:

(1)Cancellation or nonrenewal is ordered under or in connection with a statutory delinquency proceeding commenced against the insurer under chapter 33 (rehabilitations and liquidations), Idaho Code, or

(2)Cancellation or nonrenewal has been consented to by the director on a showing that continuation of such insurance can reasonably be expected to create a condition in the insurer hazardous to its policyholders, or to its creditors, or to its members, subscribers, or stockholders, or to the public.

Free access — add to your briefcase to read the full text and ask questions with AI

Nothing contained in sections 41-2506 through 41-2512 of this act shall be construed to prevent the cancellation or nonrenewal of any such insurance where:
(1) Cancellation or nonrenewal is ordered under or in connection with a statutory delinquency proceeding commenced against the insurer under chapter 33 (rehabilitations and liquidations), Idaho Code, or
(2) Cancellation or nonrenewal has been consented to by the director on a showing that continuation of such insurance can reasonably be expected to create a condition in the insurer hazardous to its policyholders, or to its creditors, or to its members, subscribers, or stockholders, or to the public.

Idaho § 41-2509 (CANCELLATIONS AND NONRENEWAL — EXCEPTIONS TO) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.