Friday, April 10, 2020

Illinois Department of Insurance Order re: Cancellations

The Illinois Department of Insurance has directed insurers that write Property and Casualty Insurance in Illinois, a Bulletin dated April 3, 2020, that there is a moratorium on cancellations and nonrenewals as of March 9, 2020. Insurers should postpone or withdraw any previous notice of cancellation or nonrenewal in which the cancellation or nonrenewal occurs on or after March 9, 2020.

This applies to Automobile and Home insurance policies and Commercial P&C Insurance other than Fidelity/Surety and Ocean Marine policies issued in Illinois.

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