1. A Minnesota commercial property policy that has been renewed is canceled midterm because the insured substantially increased the risk. How much notice is required?

60 days

Midterm cancellation of a commercial property or liability policy for reasons other than nonpayment is not effective before 60 days after notice stating the specific reason.

2. A new Minnesota commercial property policy (never renewed) has been in force 45 days. What notice must the insurer give to cancel it?

At least 10 days' written notice

The midterm cancellation reasons and 60-day notice do not apply to policies in effect less than 90 days that have not been renewed; cancellation is effective at least ten days after written notice.

3. A Minnesota commercial property insurer sends a nonrenewal notice only 40 days before expiration. What is the result?

It continues until 60 days after notice is received

Nonrenewal notice is due at least 60 days before expiration; if late, the policy continues in force until 60 days after the policyholder receives the notice.

4. Under the Minnesota standard fire policy provisions, how is terrorism treated in a commercial policy?

Excluded unless endorsed onto the policy

The insurer is not liable for loss caused by terrorism under a commercial policy unless an endorsement specifically assuming coverage for terrorism is attached.