Indiana HB1260 amends insurance laws, requiring insurers to notify policyholders of nonrenewal and material changes, and allows condominium co-owners.

Indiana HB1260 modifies various insurance regulations, including requiring insurers to provide written notice to policyholders at least 60 days before nonrenewal of personal automobile or homeowner's policies. It also mandates insurers to respond within 30 days to policyholders' requests for explanations of material changes. The bill allows co-owners of certain condominiums to obtain property and casualty insurance coverage either through a master policy or individual policies.

Indiana HB1260 amends insurance laws, requiring insurers to notify policyholders of nonrenewal and material changes, and allows condominium co-owners.

Indiana HB1260 modifies various insurance regulations, including requiring insurers to provide written notice to policyholders at least 60 days before nonrenewal of personal automobile or homeowner's policies. It also mandates insurers to respond within 30 days to policyholders' requests for explanations of material changes. The bill allows co-owners of certain condominiums to obtain property and casualty insurance coverage either through a master policy or individual policies.