Tennessee has declared a State of Emergency for the entire state due to tornadoes on December 10, 2021. As a result, the Tennessee Department of Commerce and Insurance has issued Bulletin 21-04 that, among other things, prohibits insurance companies from cancelling policies for policyholders residing within the impacted areas.

In order to comply with the Bulletin, the following actions have been implemented:

• There is a moratorium on cancellation of any insurance contract for failure to pay premiums by insureds directly impacted by this disaster. This extension of the grace period shall apply between December 10, 2021 through February 9, 2022, unless extended.
• The Department requests that the company work with the policyholder and take those circumstances into account before cancelling a policy.
• The emergency rule applies to all kinds of insurance and all types of insurers.

The Department Bulletin can be viewed by accessing the following link.

https://www.tn.gov/commerce/disasters.html

Kentucky has declared a State of Emergency for 30 counties due to tornadoes on December 10, 2021 and December 11, 2021. Based on this, the Kentucky Department of Insurance has issued Advisory Opinion 2021-06 that, among other things, prohibits insurance companies from cancelling policies for policyholders residing within the impacted areas.

In order to comply with the Bulletin, the following actions have been implemented:

• There is a moratorium on cancellation of any insurance contract for failure to pay premiums by insureds directly impacted by this disaster. This extension of the grace period shall apply between December 10, 2021 through January 10, 2022, unless extended.
• The emergency rule applies to all kinds of insurance and all types of insurers.

The Department Bulletin can be viewed by accessing the following link.

https://insurance.ky.gov/ppc/new_default.aspx