Homeowner Insurance Regulations Clarified
Cheyenne, WY – Many homeowners around Wyoming told lawmakers that insurance companies have canceled policies after a simple claim. In response, the Wyoming House approved a bill to clarify insurance regulations. Representative Tony Ross says the legislation seeks to establish rules for when a company can cancel or not renew a policy because of a natural cause. Ross says if you have a hail storm come through Laramie county, there are certain perameters when that would be used to not renew or cancel a homeowner policy. This bill is among the first to clear the House, but it must still clear the Senate.