(a) (1) The Secretary of the Department of Shared Administrative Services may maintain an inspection and engineering service designed to reduce the hazards in buildings insured under the State Captive Insurance Program.(2) Upon review of the Legislative Council or, if the General Assembly is in session, the Joint Budget Committee, the secretary may:(A) Cancel or choose to not renew insurance on any insured entity's property if the property is deemed no longer insurable; and(B) Refuse to insure property when the secretary determines that the property does not meet program guidelines.
(1) The Secretary of the Department of Shared Administrative Services may maintain an inspection and engineering service designed to reduce the hazards in buildings insured under the State Captive Insurance Program.
(2) Upon review of the Legislative Council or, if the General Assembly is in session, the Joint Budget Committee, the secretary may:(A) Cancel or choose to not renew insurance on any insured entity's property if the property is deemed no longer insurable; and(B) Refuse to insure property when the secretary determines that the property does not meet program guidelines.
(A) Cancel or choose to not renew insurance on any insured entity's property if the property is deemed no longer insurable; and
(B) Refuse to insure property when the secretary determines that the property does not meet program guidelines.
(b) In carrying out his or her duties under this section, the secretary may request, and the insured entity shall provide, any information requested for a determination concerning the reasons for the denial, nonrenewal, or cancellation of insurance coverage.