Missouri has recently enacted Rule 20 CSR 500-1.100 which, among other things, concerns cancellation, nonrenewal, reduction amount or adverse modification notices issued on or after July 1, 2024. These notices must contain the following:
- That the insured may contact their insurance producer or any insurance producer for coverage;
- The producer's name, if any, address, and telephone number;
- The name, address, telephone number, and website address of the Missouri Property Insurance Placement Facility;
- The reason for cancellation, nonrenewal, reduction in amount, or adverse modification;
- That any excess premium not tendered must be refunded within thirty (30) days of this notice.
For more information and examples, please see 20 CSR 500-1.100.