Insurers To Disclose Anti-Concurrent Clauses Under New Law

Law360, New York (May 03, 2013, 4:12 PM ET) -- Maryland on Thursday adopted a law requiring insurers to annually tell consumers about a clause in their homeowners policies that snatches away coverage when a loss has several causes and one of those causes is excluded, rebuffing an earlier proposal that would have outlawed these provisions altogether.

Gov. Martin O'Malley has signed H.B. 695, which forces insurers with anti-concurrent causation clauses in their policies to provide customers each year with a clear and specific notice describing the clause and to direct homeowners to read the policy...
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