Legal Question in Insurance Law in California
Contract Termination
Can the Insurance Company terminate the contract without notice to the Agent?
Asked on 10/14/06, 12:43 am
1 Answer from Attorneys
Steven Murray
Steven W. Murray, APC
Re: Contract Termination
Yes because legally the policy is a contract between only two parties, the insurer and the insured. Almost all forms of termination are regulated by statute. There are a number of ways to terminate a contract - was yours cancelled? Non-renewed? Rescinded? Each is subject to different rules.
As a matter of general business practice, no, the agent is usually notified.
Answered on 10/18/06, 11:12 am
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