Maryland Bans Mold Exclusions, Sets Sublimits
NU Online News Service, March 19, 4:10 p.m. EST?Insurers in Maryland will not be able to completely exclude mold damage coverage from insurance policies, but will have the option of having recovery sublimits for mold-related losses, Maryland officials said.
The announcement by the Maryland Insurance Administration drew support from the National Association of Independent Insurers.
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