20-1110.01. Rules and regulations; form and readability of policies

A. The director shall adopt and promulgate rules and regulations governing the form and readability of various types of insurance policies including title insurance policies. Such rules and regulations may provide that the readability requirements established pursuant to this subsection may be met by use of an outline of coverage or brochure which accompanies the policy and is provided to the policyholder.

B. The rules and regulations adopted and promulgated by the director pursuant to subsection A of this section shall neither require standardized forms of policies nor mandate or prohibit the inclusion of any coverage provisions in policies issued in this state.

20-1110.01. Rules and regulations; form and readability of policies

A. The director shall adopt and promulgate rules and regulations governing the form and readability of various types of insurance policies including title insurance policies. Such rules and regulations may provide that the readability requirements established pursuant to this subsection may be met by use of an outline of coverage or brochure which accompanies the policy and is provided to the policyholder.

B. The rules and regulations adopted and promulgated by the director pursuant to subsection A of this section shall neither require standardized forms of policies nor mandate or prohibit the inclusion of any coverage provisions in policies issued in this state.