DE HB143

Clarifies that "policy" definitions in §§ 3903-3907 of Title 18 apply only to personal automobile insurance policies, not commercial or other policy types.

Increases notice requirement for cancellation of private passenger automobile policies for nonpayment of premium from 10 days to 15 days.

Establishes new § 3920 in Title 18 with standards for cancellation and nonrenewal of commercial automobile policies, including specific allowable reasons (nonpayment, misrepresentation, increased hazard, breach of duties, fraud, lack of cooperation, loss of reinsurance, statutory changes, or loss of capacity) and 60-day notice requirements.

Requires certified mail or USPS Intelligent Mail barcode for notices of commercial policy cancellation or nonrenewal, with proof of mailing retained for at least 1 year.

Mandates insurers notify policyholders of eligibility for assigned risk plans when commercial policies are cancelled or nonrenewed for reasons other than nonpayment, and requires insurers to notify the Division of Motor Vehicles of certain policy cancellations.