™Your Policy Risk Impact Agent
118 chapters · 1,589 sections in this title.
N.D.C.C. § 26.1-52-01 Sunrise - Trigger
0.6K chars
The commissioner may implement a property insurance placement facility for those residents who are unable to obtain necessary property insurance through the standard insurance market. The commissioner shall hold a public hearing upon notice of not less than twenty days to determi…
N.D.C.C. § 26.1-52-02 Definitions
0.7K chars
As used in this chapter: 1. "Basic property insurance" means insurance against direct loss to property as defined and limited in standard fire policies and extended coverage endorsements thereon. 2. "Homeowners insurance" means insurance on owner-occupied dwellings providing pers…
N.D.C.C. § 26.1-52-03 Board
2.5K chars
1. A board of directors consisting of seven members shall direct the operations of the property insurance placement facility. The seven members are comprised of five directors from the insurance industry and two public directors as follows: a. Two of the five industry representat…
N.D.C.C. § 26.1-52-04 Facility membership
0.9K chars
Each insurer authorized to write and who is engaged in writing within this state, on a direct basis, basic property insurance or any component thereof in multiperil policies or homeowners insurance shall participate in the facility as a condition of its authority to do the busine…
