This is just another reminder for insurers to make sure to send cancellation notices to their insureds. In this case, it would have greatly benefited the insurer to send a cancellation notice even if it thought the message had been delivered to the insured. (Credit: 22 North Gallery/Fotolia)
The Maine Supreme Judicial Court reversed the ruling of the Business and Consumer Court of Maine and held that an insurer failed to adequately inform a wood pellet mill operator that it was not renewing its coverage before a fire that caused $15 million in damages. The case is Corinth Pellets, LLC v. Arch Specialty Insurance Co. et al.
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