41-2509. CANCELLATIONS AND NONRENEWAL — EXCEPTIONS TO. 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.
History:
[I.C., sec. 41-2509, as added by 1969, ch. 214, sec. 62, p. 625.]
Structure Idaho Code
Chapter 25 - CASUALTY INSURANCE CONTRACTS
Section 41-2501 - CONTRACTS ARE SUBJECT TO GENERAL PROVISIONS.
Section 41-2503 - DEFINITIONS AND APPLICATION.
Section 41-2504 - APPLICATION OF UNINSURED MOTORIST COVERAGE.
Section 41-2505 - SUBROGATION RIGHTS OF INSURER.
Section 41-2506 - CANCELLATION OF POLICIES — DEFINITIONS.
Section 41-2507 - CANCELLATION OF POLICIES — GROUNDS.
Section 41-2508 - NOTICE OF CANCELLATION OR INTENTION NOT TO RENEW.
Section 41-2509 - CANCELLATIONS AND NONRENEWAL — EXCEPTIONS TO.
Section 41-2510 - EXCLUSION AND CANCELLATION OF DESIGNATED INDIVIDUALS.
Section 41-2511 - DEDUCTIBLE — PERMISSIVE.
Section 41-2512 - RELIEVING LIABILITY FOR DISCLOSURE OF CANCELLATION AND NONRENEWAL INFORMATION.
Section 41-2514 - MEDICAL PAYMENTS LIMITATION PROHIBITED.
Section 41-2515 - DISCOUNT FOR CERTAIN AGE GROUPS.
Section 41-2516 - OPTIONAL SUSPENSION OF AUTOMOBILE INSURANCE COVERAGE.
Section 41-2517 - SHORT TITLE.
Section 41-2518 - DEFINITIONS.