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Agents and industry back bill to extend nonrenewal notices to 60 days
Summary
Industry witnesses testified HB652 would extend nonrenewal notice periods—commercial lines from 30 to 60 days and establish a 60‑day standard for homeowners—arguing the change would give agents and insureds sufficient time to remarket and avoid coverage lapses while including agent‑of‑record notification and optional electronic notice.
Multiple witnesses representing agents and independent agencies told the House Insurance Committee they support House Bill 652, which would extend nonrenewal notification standards: raise the commercial nonrenewal notice minimum from 30 to 60 days and create a 60‑day standard for homeowners insurance. George Christie, government affairs manager for the Ohio Insurance Agents Association, said the change would require carriers…
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