SECTION 5.7012. Reason for Declination, Cancellation, or Nonrenewal

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Insurers must provide to policyholders or applicants a written statement of the reason or reasons for the declination, cancellation, or nonrenewal of any policy regulated by the State Board of Insurance pursuant to the Insurance Code, Chapter 5, upon request by the policyholder or applicant. This section is applicable to policies prescribed or approved by the board under authority of the Insurance Code, Articles 5.06, 5.13-1, 5.15, 5.15-1, 5.35, 5.36, 5.53, 5.53-A, 5.56, 5.57, 5.81, and 5.91.

Source Note: The provisions of this §5.7012 adopted to be effective December 21, 1983, 8 TexReg 5126.

                    
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