A new law in California modifies disclosure requirements for residential property policies.
The act requires that the mandatory disclosure given new policyholders include the website of the consumer affairs unit of the California Department of Insurance, in addition to the unit's name, address, and toll-free telephone number, as currently required. The new requirement takes effect Jan. 1, 2017.
The disclosures are to be printed in large, bold-faced type, as are disclosures identifying and providing contact information for the insurer and agent or broker of record
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