Minn. R. agency 151, ch. 5222, INSURANCE VERIFICATION, pt. 5222.2005
Current through Register Vol. 49, No. 20, November 12, 2024
If a single policy covers a parent corporation and its subsidiaries, a cancellation or endorsement must be filed even if the policy for the parent is to continue. The notice must specify that the subsidiary is canceled and the parent remains covered. If a new subsidiary is added to the policy, an endorsement to the declaration sheet must be filed.
Minn. R. agency 151, ch. 5222, INSURANCE VERIFICATION, pt. 5222.2005
Statutory Authority: MS s 176.185; 176.83