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#2009262 - 04/21/15 05:12 PM Cancellation/Renewal Notice
CMLComp Offline
Member
Joined: Dec 2011
Posts: 90
One of our business lines' has a procedure stating flood insurance policies must include an endorsement requiring the insurer to notify the Bank at least 10 days prior to termination/reduction in coverage. The only requirement along those lines that I can identify is expiration/renewal notification requirement for NFIP/WYO carrier to notify insured and mortgagee at least 45 days prior to expiration of existing policy. Am I missing something or is the business trying to make up their own requirement?

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Flood Compliance
#2011036 - 04/29/15 06:19 PM Re: Cancellation/Renewal Notice CMLComp
CMLComp Offline
Member
Joined: Dec 2011
Posts: 90
Anyone?

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