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Montana Title 33. Insurance and Insurance Companies § 33-1-1510. Surplus lines insurance offenses

Current as of January 01, 2024 | Updated by Findlaw Staff

(1) A person commits the offense of surplus lines offense if the person knowingly or negligently:

(a) issues or delivers a false policy or cover note or certification of insurance, as those documents are described in 33-2-308, related to the terms of a surplus lines insurance policy; or

(b) fails to notify an insured of a material change in the coverage described in 33-2-308 in writing within 30 days of any material change in the insurance coverage.

(2) A person convicted of a surplus lines insurance offense shall be fined not less than $50 or more than $1,000 or be imprisoned in the county detention center for not less than 30 days or more than 90 days, or both.

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Cite this article: FindLaw.com - Montana Title 33. Insurance and Insurance Companies § 33-1-1510. Surplus lines insurance offenses - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-33-insurance-and-insurance-companies/mt-st-33-1-1510/

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