IL Floods December 2015
December 29, 2015
December 29, 2015, Illinois Governor Bruce Rauner issued Bulletin 2015-13,
declaring Calhoun, Cass, Cumberland, Iroquois, Jackson, Jersey, Lawrence, Madison, Marion, Menard, Monroe, Moultrie, Pike, Randolph, Richland, Sangamon, St. Clair and Vermilion counties state disaster areas after significant issues related to flooding
impacted the counties. Effective immediately, Merchants Bonding Company has
implemented the following guidelines to govern treatment of all consumers
affected by this disaster.
compliance with Bulletin 2015-13, Merchants’ commercial bond department will
grant to principals in the aforementioned counties a moratorium on cancellations and non-renewal issued on or
after December 29, 2015 on any in-force policy issued to an affected
policyholder or respecting affected property. All cancellations and non-renewals
will be reinstated without lapse in coverage. In addition, new cancellation or
non-renewal notices will not be issued to affected policyholders or for affected
property until February 29, 2016.
will consider exceptions to policy or contract requirements, or to other rating
or underwriting rules not otherwise listed herein, when such contractual
requirements or rating or underwriting rules are not met as a result of this
compliance with Bulletin 2015-13, Merchants’ claims and accounting departments
grant to affected policyholders an extension of any and all policy provisions
or other requirements that impose a time limit for an insured or claimant to
perform any act, including the submission of a claim or proof of loss,
reporting of information, submission of bills, or payment of funds. This
extension shall be for a minimum of 60 days from the last date allowed or
required under the terms of the contract.
shall be advised that they may call the Department’s toll-free complaint
hotline at 1-866-445-5364, or file a complaint online at: https://mc.insurance.illinois.gov/messagecenter.nsf
Read Bulletin 2015-13 here.